Free Site Registration

Riskless Principal At Salomon

Traders Magazine, June 2002

Editorial Staff

Dave Weisberger wants to make it clear: Nasdaq trades done on a riskless principal basis are superior to those done on an agency basis. That bit of wisdom from the Salomon Smith Barney managing director in charge of trading systems may be fightin' words for some of the big broker's competitors. But it represents Salomon's interpretation of the new rules of Nasdaq trading. It was also the starting point of an effort to improve its market making technology

Get access to this article and thousands more...

All articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.

Already Registered?