Commentary

Tim Quast

Lava Cools As Citi Exits ECN Business

As dark pools move into the regulatory light, the real money is in aggregation, not in equity fragmentation.

Traders Poll

Do you expect more ECNs, like LavaFlow, or dark pools to close up due to regulatory pressure?



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San Francisco SAN FRANCISCO SECURITY TRADERS ASSOCIATION

Cocktail Reception



Justin Mowery, Bear Stearns, Frank Held, Empire

Financial Group, both New York.


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