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.

Traders Poll

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



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April 1, 2004

Reducing the Risk In Trade Settlement

By Editorial Staff

On the heels of the SEC's market structure reform proposals Regulation NMS comes a separate effort by the agency to shake up the trade processing industry. In a concept release, the SEC offers various ways to reduce settlement risk. These include the introduction of central matching,' as well as same day completion of the confirmation and affirmation process between buyside and sellside counterparties.