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.

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July 31, 2004

Dinasours in The Industry?

By Gregory Bresiger

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."