Commentary

Steve Grob
Traders Magazine Online News

The Periodic Table

Fidessa's Steve Grob has written a response to Marcus Ferber writing to ESMA condemning periodic auctions. The blog strongly criticizes Ferber's approach, and looks at the problems behind the "lit is good and dark is bad" attitude.

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Do you think that NY AG Schneiderman's probe into crypto exchanges will curtail growth and trading?



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December 1, 2003

Trade Through Plan Is Snubbed

By Gregory Bresiger

A New York Stock Exchange idea for a two-cents trade through exemption in listed stock trading got a chilly reception from an influential lawmaker. Annette Nazareth, the director of the SEC's division of market regulation, told Traders Magazine that the Big Board's plan, as recently envisaged, won't fly. That plan would only apply to trades of up to 500 shares in market centers with low fill rates.