On A Mission Impossible? The new STA chairman lauds SuperMontage, criticizes ADF and calls for unit
Traders Magazine, August 2002
One of the trading industry's new leaders has a busy year ahead of him. Here are some of the troubling issues that will be on his crowded plate: Convince ECN officials that SuperMontage will be a good deal and ADF will be an expensive nothing. Obtain vital rules changes from the Securities and Exchange Commission. And bring peace to the various parts of an often-contentious trading industry. And, to accomplish the latter, he will have to sell them on the idea that the Security Traders Association will, in fact, represent their various interests. And, while he is trying to accomplish all this, he will be leading an industry that has been floundering through the worst times since the early 1970s. Welcome to the STA high command, Jack Hughes.
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