There is no substitute for asking hard questions about order routing arrangements, to ensuring investors reap the full benefits of the dynamic competition unfolding in our markets. As managers and directors, it s your duty because it s other people s money . There are other costs that employ a more subtle tyranny over investors the costs of neglecting the infrastructure of our markets. Now, when someone mentions infrastructure to you, I suspect what comes to mind are roads, sewer pipes, electricity lines maybe even telephone wires. And it s easy to envision the result of neglect.
Potholes produce traffic.
Broken water mains flood buildings. Power outages virtually paralyze us. Downed phone lines leave us stranded. Each of these exact a toll. They waste our time.