Commentary

Robert Hegarty
Traders Magazine Online News

Reinventing Trading Venues: How AI Can Help Create a More Efficient Market

In this whitepaper shared with Traders Magazine, the Hegarty Group examines how artificial intelligence and machine learning can help traders execute more efficiently.

Traders Poll

If Members Exchange (MEMX) gets SEC approval and launches, do you think it will force downward pressure on market data fees?




Free Site Registration

June 30, 2002

GAO to Look at Markets

By Gregory Bresiger

Are traders safe at the world's biggest exchanges in lower Manhattan? Were the stepped up security measures taken by private and public agencies enough to protect against further acts of terrorism?

These are some of the issues that will be examined by the General Accounting Office (GAO), which is an investigative arm of Congress.

The GAO has been asked to make a study of new securities measures at the request of Representative Edward Markey (D-Mass), Representative John Dingell (D-Michigan) and Representative Bill Tauzin (R-Louisanna).

The GAO has also been charged with examining how improved security measures at the exchanges fit in with the nation's homeland security plan.

The study will include a look at exchanges, broker dealers, electronic communications networks and banks.

The study is projected to be finished by the end of January 2003.