Commentary

Tim Quast
Traders Magazine Online News

We're All HFTs Now

In this guest commentary, author Tim Quast looks back at the history of HFT and how the market has evolved to where many firms now fit the definition of high-frequency trader.

Traders Poll

Are you in favor of a pilot program and examination of the rebate system by the SEC?




Free Site Registration

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.