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Denver Currie
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Who Killed the Kernel?

In his latest blog post, Denver Currie, Product Manager at Vela, looks at how firms are achieving low latency and high throughput in a flexible, cost-effective manner by combining commodity hardware with kernel bypass techniques and an ever-evolving set of software features

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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.