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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April 1, 2003

STA Is Optimistic On SEC Comments

By Gregory Bresiger

The Security Traders Association is hopeful this will be the year the regulators accept its case on access fees. "I think that some of the recent comments coming out of the SEC give us hope that they're going to do something," said John Giesea, president of the STA.

That something would provide a fairer environment for the STA's members, Giesea says. Comments attributed to Annette Nazareth, longtime director of the SEC's Division of Market Regulation, have led to the STA's enthusiasm.

The STA either wants access fees abolished or its dealer members to have the same rights as ECNs - the right to impose these fees themselves.