Commentary

Ronald Jordan
Traders Magazine Online News

Understanding Your Data is No Longer Optional

In this contributed article from Global Markets Advisory Group, the advisory discusses the importance of data and how organizations should augment existing skill sets and capabilities to add a data-focused perspective to their operating fabric.

Traders Poll

Do you expect SEC Chairman Jay Clayton to push for regulation in the cryptocurrency issuance and trading markets?

Yes

74%

No

5%

The CFTC will push for regulation

21%

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June 30, 1998

At Deadline - Richard Holway

By John A. Byrne

One of the brightest stars on the buyside has joined Los Angeles-based Jefferies & Company. Richard Holway, 42, formerly director of trading at Minneapolis-based Investment Advisors, will lead all design, development and marketing efforts for Jefferies' @Harborside system.

"We are delighted to retain Rick Holway to lead this venture," said John Shaw, Jefferies's national sales manager, in a prepared statement. "We are committed to engage the best people in the business."

@Harborside was formed to assist institutional traders in searching for liquidity, while protecting confidentiality.

For his part, Holway said Jefferies' experience in negotiating complex transactions, coupled with the advanced technology of @Harborside, will increase the probability of finding the natural counterparty in institutional trading.

"@Harborside offers a simple solution to the problem of finding liquidity and minimizing market impact. It complements both traditional and innovative ways of doing business," Holway added.