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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June 30, 2002

Stock Futures Plan Certified

By Gregory Bresiger

The Commodities Futures Trading Commission and the Securities and Exchange Commission approved a plan allowing certain foreign security index futures to be treated as broad-based index futures. The authority might have lapsed if the SEC and CFTC hadn't acted. The CFTC also approved an order that allows security futures to be based on a share of an exchange traded fund, a trust issued receipt or a share in a closed-end investment management company.

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