Royal Bank of Canada Gains Customers by Shunning High-Frequency Trading

Royal Bank of Canada Gains Customers by Shunning High-Frequency Trading

Many top Wall Street firms have thrived by using high-frequency and dark-pool trading. But Royal Bank of Canada (RBC) has built its customer bank by shunning those practices, The New York Times reports.

On dark-pool markets, banks execute customer orders through trades with other financial firms outside of public markets.

RBC avoids high-frequency trading with technology on its New York trading desk that slows down customer orders.

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One Response to Royal Bank of Canada Gains Customers by Shunning High-Frequency Trading

  1. Pingback: Royal Bank of Canada Gains Customers by Shunning High-Frequency Trading

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