Commentary

Storm Copestand
Traders Magazine Online News

Conquering Fear in Trading

In this exclusive to Traders Magazine, therapist Storm Copestand examines how traders can manage expectations and conquer their fear during the entire execution process.

Traders Poll

Amid changes in builder, do you think the CAT project will be completed by 2020?




Free Site Registration

May 25, 2007

Recapture Going Strong

By Peter Chapman

Commission recapture, despite predictions of its imminent decline, is growing at one of the top firms involved in the practice. At agency brokerage BNY ConvergEx Group, 279 new plan sponsor clients entered into its commission recapture programs in 2006, according to the firm. That's up from 217 in 2005, a 29 percent increase. That's also a record high for BNY ConvergEx's LJR Recapture Services since Lynch Jones and Ryan became part of what is now BNY ConvergEx in 2005, the firm says. "This is very encouraging news," said Todd Burns, senior managing director and division head of LJR Recapture Services.