Free Site Registration

ECNs and Profitless Prosperity

Traders Magazine, December 2002

Duncan Niederauer

The past 12 months, a time of disappointing returns, is remembered for more regulatory reforms and market structure changes. Traders want unprecedented access to liquidity. It is an environment that portends both challenges and opportunities in direct access trading. Some ECNs have become strong competitors of the dominant market centers - the NYSE and Nasdaq. However, as broker dealers regulated under Reg ATS, these ECNs can also compete for institutional business.

Get access to this article and thousands more...

All TradersMagazine.com 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?