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KM Financial Solutions | RPT-Old rules, algorithmic traders add costs to U.S. share buybacks
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RPT-Old rules, algorithmic traders add costs to U.S. share buybacks

26 Apr RPT-Old rules, algorithmic traders add costs to U.S. share buybacks

Posted at 11:00h in News by
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NEW YORK, April 27 (Reuters) – U.S. companies are on track
to buy back a record amount of their own stock this year, but a
decades-old markets rule aimed at preventing manipulation makes
these trades easy to game and has probably cost companies
billions in recent years.

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