Commentary

Jared Dillian
Traders Magazine Online News

Was it Worth It?

In this piece from 10th Man, author Jared Dillian discusses how the ETF revolution is less about ETFs and more about indexing; about how people have come to view stocks less as stocks and more as blobs of stocks.

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February 1, 2003

Knight's General Counsel Nabbed by Meyerson

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Two of the key members of the management team during the rise of the Knight Trading Group have joined another firm.

Michael Dorsey, former general counsel for the Knight Trading Group, is joining M.H. Myerson & Co. Dorsey will serve as executive vice president, general counsel and director of new product development at the small OTC dealer. Dorsey will focus on technology and execution services.

Myerson also announced that John Leighton has been named co-chairman and chief executive officer. Leighton was formerly executive vice president, managing director of global sales, for Knight. Martin Myerson will remain as co-chairman until the end of the year. Then he plans to serve as chairman emeritus for the next two years.