Commentary

Jared Dillian
Traders Magazine Online News

Was it Worth It?

In this piece from 10th Man, author Jared Dillian discusses how the ETF revolution is less about ETFs and more about indexing; about how people have come to view stocks less as stocks and more as blobs of stocks.

Traders Poll

Would you feel better if the Chicago Stock Exchange were purchased by U.S. firm or consortium rather than a foreign one?

Yes

73%

No

4%

Doesn't matter to me

23%

Free Site Registration

August 31, 2004

SIA Comes Out For Big Board

By Editorial Staff

The Securities Industry Association is on the side of the Big Board in its proposal to expand its Direct+ electronic trading system. "The NYSE proposal promises to benefit individual and institutional investors by increasing execution opportunities provided by the exchange," says SIA Executive President Donald Kittell

Kittell said SIA officials still must study the New York Stock Exchange plan to convert the exchange into a hybrid market. However, he added that it appears to be offering "increased choice, flexibility and competition."