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For small-scale projects in remote countries, administrative and execution costs may be higher.
Execution costs were almost identical on the two markets for investors who placed market orders for very large stocks of 100 to 499 shares.
"The only trading floors that will survive are going to be the ones that can match the execution costs and can offer other advantages."
Execution costs can skyrocket.
The brokerage community essentially wants speed and low execution costs, and the floor community views electronic trading as a clear threat to their livelihood."
In this way, the adviser's sole possible interest is improving performance and lowering execution costs, rather than having a trader and adviser under the same roof.
It targets real-time embedded systems, aiming to produce a design that is both highly abstract, yet which will still allow precise extraction of time and space execution costs.
The S.E.C.'s study tried to assess execution costs and rates on comparable stocks on the different markets - for instance pairing AT&T, which trades on the Big Board, with WorldCom, a Nasdaq-listed stock.
This accepted widespread practice of compensation for a provided service means varying degrees of higher trading execution costs for the retail trader; execution costs which banking or institutional traders are not subject to as a result of their two-tier only market-making status.