Commentary

Brian Decker
Traders Magazine Online News

Three Reasons the "Downs" Have Greater Impact In An "Up and Down" Stock Market

Brian Decker, a financial planner and founder of Decker Retirement Planning Inc., argues that it is much more important for investors to consider the downside in turbulent markets than the upside.

Traders Poll

Is the adoption of electronic trading in fixed income on par of that in the FX sector?




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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."