Commentary

Robert Schuessler
Traders Magazine Online News

A Smarter Monkey

In this contributed piece, TIM noted that some traders do better than others when using data that has been run through certain analysis - that is, have used some form of machine learning to assist them.

Traders Poll

In his first public speech, SEC Chair Jay Clayton deviated from his prepared remarks and offered his own "off the cuff" comments on market issues. Do you like this change of pace?




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July 31, 2002

T+1 Put on Hold

By Gregory Bresiger

When in doubt, delay making a decision.

That seems to be the philosophy of the Securities Industry Association. Faced with the difficult issue of when and how to go to a T+1 execution standard, the industry group decided to put off a decision until June 2004.

It is unlikely that the faster settlement standard will become effective anytime soon, because of the delay.

Why is it taking so long? "The industry," said SIA vice president Donald Kittell, "needs to focus on a more effective straight-thru processing before it can weigh a conversion to T+1."