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STA Calls for Action on Access Fees

Traders Magazine, April 2003

Gregory Bresiger

A cap on ECN access fees would certainly not be satisfactory to the Security Traders Association. In fact the STA, in a letter filed with the SEC as Traders went to press, is urging the regulators to "reconsider its position" on ECN access fees. These fees are hurting the market and hurting many of the members of his organization, according to John Giesea, president of the STA.

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