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.

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April 21, 2005

The Trade-Through In Electronic Markets

By Gregory Bresiger

It "does not make sense" to extend the trade-through rule to electronic markets, a key congressional leader says.

Rep. Mike Oxley (R-Ohio), the chairman of the House Financial Services Committee, said that, "I can think of no compelling reason to extend the rule, with its associated and quite significant compliance costs to the vibrant Nasdaq marketplace." Oxley's comments came at a recent Congressional hearing on Reg NMS.