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Jared Dillian
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The Liquidity Problem

Maudlin Economics Jared Dillian examines stock market liquidity.

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May 31, 2004

Trading and Technology

By Gregory Bresiger

Annette Nazareth, the SEC's market regulation director pulls no punches on the role of trading technology. "My own bias is why not allow investors to get the best price if it is available," she said. Nazareth was speaking at the STA's Washington conference on Reg NMS.

"Technology has enabled us to be able to get to the better price" Nevertheless, she noted, there is view that even if a better quoted price is available, it may not be the execution price.