What is the shop for?
Trade is a security for a price that differs from the price of the most advantageous price in another exchange. The shop was common before the arrival of electronic citations and monitoring systems, because people doing shops would not be aware of better prices. Today, such systems make it difficult to accidentally commit the trade and also limit the actions of ruthless brokers. There are also specific regulations for prohibiting such trades because they are not in the best interest of investors. A person making an order must consult quotations for other stock exchanges to see if there is a lower price of a request for someone who wants to buy or a higher bid price for someone who wants to sell. The best price sometimes is a competitor, but there is still an ethical obligation to conclude an agreement at the best price, regardless of Tokdo offers it.
Historically, people "traded" who carried out a shop on their home stock exchange no matter what prices could be available elsewhere. In 70 and again in 2000, the Securities and BU CommissionRzy (SEC) in the United States regulated trade, which stipulated that when people used electronic citations, they could not ignore better prices elsewhere and carry out trade through.
The relevant Regulation is Rule 611, also known as the Rule of Protection of the Order. Specifically, identification and trade ban through trade allows SEC to identify traders who do not act in the best interests of their clients. The purpose of the trade ban is also to support competition through transparency. When exchanges know that they compete with each other, it creates motivation to practice business in a way that attracts traders, such as maintaining a price -money -competing compared to other changes.
If the market or creator seems to violate the rules on trade, the SEC report may be submitted. SEC may investigate and penalize a trader or suspend business authorization. In addition to negotiations on the tipECH is also obliged to investigate SEC independently and monitor large and small trade shops in markets to protect investors, consumers and economics in general from the consequences of unfair business practices.