Commentary

Anne Plested
Traders Magazine Online News

Bottlenecks Ahead

Anne Plested, head of Fidessa's EU Regulation Change programme, has written a short blog arguing that although we should be thankful that ESMA have taken a pragmatic approach to moving things along, more bottlenecks could appear in the future.

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December 1, 2000

More Commissions on Nasdaq Trades?

By Editorial Staff

Nasdaq trading firms are torn between charging commissions and making a spread. As Wall Street switches to decimal pricing, some firms say they will charge commissions on more block trades while others say they are sticking with the spread in net trading.

Some desks think commissions will become a larger component of Nasdaq trading. U.S. Bancorp Piper Jaffray in Minneapolis, for instance is...

According to an informal poll conducted by Traders Magazine, such firms as ABN AMRO, C.E. Unterberg Towbin, and Salomon Smith Barney plan to continue with their net-trading policy. Other firms, including Adams, Harkness & Hill and Fleet Trading, remain undecided.