Barrons: Fidelity Tops in Price Improvement for Retail Investors

The striking gap in odd-lot price improvement proves the value of disclosure, says Chris Nagy, who launched the trading-quality consultancy KOR Group, after running TD Ameritrade’s order-routing unit. “Next quarter, those numbers are going to be much, much better” as brokers respond, Nagy predicts. “Transparency can make a world of difference in trading behavior and quality.”

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