Dinasours in The Industry?
Traders Magazine, July 2004
The trade-through rule "is not related to speed," says Instinet CEO Ed Nicoll. Instead, it is a rule "that substitutes the judgment of the federal government for the marketplace," Nicoll told members of the U.S. Senate's Banking Committee. Nicoll complained that those who want to preserve the rule "find themselves unable to compete with new, nimbler competitorswho are able to adapt to consumer demands."
Copyright 2004 Thomson Media Inc. All Rights Reserved. http://www.thomsonmedia.com http://www.tradersmagazine.com
All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.