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



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January 1, 2005

Another Round for Reg NMS

By Gregory Bresiger

The Reg NMS proposals were put on hold by the Securities and Exchange Commission for at least another month, providing more time for comments.

"When we first went out for comment on proposed Regulation NMS, I said that I considered that Round 1," said Commissioner Cynthia Glassman. "I consider today's reproposal of Reg NMS as Round 2 and we may even need Round 3."

The SEC recently was criticized for its trade-through plan. Chairman William Donaldson said it decided, "to go beyond our statutory obligations and give all interested parties as much exposure as possible to the direction of our thinking."