Free Site Registration

Deja vu Once More

Traders Magazine, March 2007

Michael Scotti

You could almost see it coming. During a heated discussion on market structure at a meeting at the New York Stock Exchange, one committee member reportedly uttered this one-liner: "What we need is a central place for liquidity...a place where we can all meet and trade." The comment-tongue in cheek-came during a discussion on dark pools, or undisplayed liquidity in networks. As true as that statement is, there's no turning back the clock to the halcyon days of 6-cents-a-share trades and thick steaks at Delmonico's. And that's not a bad thing. But it would be nice if traders knew where to go to access liquidity.

Get access to this article and thousands more...

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.

Already Registered?