The Incredible Story of Transaction Cost Management: A Personal Recollection

Wayne H. Wagner

doi:10.3905/jot.2008.708831

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The Incredible Story of Transaction Cost Management

A Personal Recollection

Wayne H. Wagner

The Journal of Trading Summer 2008, 3 (3) 8-14; DOI: https://doi.org/10.3905/jot.2008.708831

Wayne H. Wagner

Principal of OM/NI and founder of Plexus Group, Inc., in Venice, CA.

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For correspondence: waynewagner@stanfordalumni.org

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Abstract

A personal recollection of the wandering process that ultimately resulted in revealing the hidden costs of transacting and how that has shaped today's world of institutional trading, markets, and best execution.

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The Journal of Trading

Vol. 3, Issue 3

Summer 2008

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The Incredible Story of Transaction Cost Management