Despite Pressure from Both Sides of the Street, OMS/EMS Connectivity Fees Remain Shrouded in Secrecy
There is no question that Wall Street is a far more transparent place today than at any point in history. Generally speaking, broker-dealers are well aware of the pricing models employed by the exchanges, investment managers know-how and for what their brokerage counterparties charge, and end investors can see exactly what fees they are incurring. …
