Commentary

Tim Quast
Traders Magazine Online News

We're All HFTs Now

In this guest commentary, author Tim Quast looks back at the history of HFT and how the market has evolved to where many firms now fit the definition of high-frequency trader.

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May 31, 1998

Former STA President Madoff Honored By Queens College

By Staff reports

Peter B. Madoff, senior managing director at New York-based third-market trading giant Bernard L. Madoff Investment Securities, has been awarded one of the highest honors bestowed by his alma mater.

Madoff shared the limelight at the annual awards ceremony June 11 at New York's Marriott Marquis Hotel with another successful Queens College alumnus, Eugene F. Murphy, vice chairman of the board and executive officer at General Electric Company.

Madoff and Murphy each accepted a prestigious Q Award, which recognizes leaders whose personal qualities and achievements set a standard of excellence for Queens College students.

Madoff is a past president of the Security Traders Association. He is a former vice chairman of the National Association of Securities Dealers' board of governors, and served on the executive committee and board of governors of Nasdaq. He is past chairman of the NASD District 10 Business Conduct Committee.

Madoff currently serves as a member of the board of governors and the executive committee of the Cincinnati Stock Exchange, and is a member of the NASD Industry Advisory Committee for Technology. He is also a member of the bar of the State of New York.