It costs less to process large, institutional-sized trades on the New York Stock Exchange than on the Nasdaq, according to a study released by the New York Stock Exchange last week. The Plexus Group of Teaneck, N.J. conducted the study.

For large-cap stocks, defined as shares of companies with a market capitalization of at least $10 billion, institutional trading costs were 47 percent lower on the New York Stock Exchange than on Nasdaq last year, according to the Plexus study. For mid-cap stocks, defined as shares of companies with a market capitalization of $1 billion to $10 billion, trading costs were 66 percent lower on the New York Stock Exchange, according to the study.

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