Commentary

Traders Magazine Online News

Spoofing, Surveillance and Supervision

Jay Biondo, Product Manager - Surveillance at Trading Technologies, co-authored an article along with James Lundy and Nicholas Wendland, both of Drinker Biddle & Reath LLP, reviewing the CFTC's regulations and expanding efforts, 21st century surveillance and supervision, as well as strategic recommendations.

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Is the adoption of electronic trading in fixed income on par of that in the FX sector?




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March 1, 2004

Speaking Up for The Specialists

By Gregory Bresiger

Save the specialists because they are similar to members of Congress. That's according to Rep. Paul Kanjorski (D-Pa), who concedes many disdain the specialist. "The human involvement of the specialist in the trading process contributes to the smooth and efficient functioning of our capital markets," he said. Kanjorski said it is the "interaction of legislators with constituents" that improves legislation. "In the same way, the interaction of the specialists and floor brokers and others that should help produce the best price."