easy · Market Microstructure
Which regulatory rule in the U.S. National Market System (Reg NMS) is intended to prevent 'trade-throughs' but can be complicated by latency differences between exchanges?
- The Maker-Taker Fee Model
- Rule 10b-5 (The Anti-Fraud Rule)
- Rule 611 (The Order Protection Rule)
- Rule 612 (The Sub-Penny Rule)
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