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SEC Told Errors Inevitable. 'Prevention Culture’ Needed.

Traders Magazine Online News, October 2, 2012

Gregg Wirth

Trading firms and exchanges need to develop skills and practices that anticipate and remediate as many potential errors as possible, as the number of interrelated venues, algorithms and order types proliferate, said members of the market technology roundtable convened by the SEC in the wake of the Knight event.

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