Commentary

EDITOR'S LETTER
Tom Steinert-Threlkeld

Trading Through

The mispriced transactions totaled 442,600, from October 2008 through the start of this year. The amount owed customers for the mistakes was $420,360. Less than a buck a trade. On a 200-share trade, that equals less than 3 cents each.

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Would creating a handful of "universal" order types help reduce the complexity of equities trading?

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There are other issues to be considered

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Photo Gallery March 12, 2005

Los Angeles Securities Traders Association of Los Angeles

Business Meeting and Panel
Salon de Fiesta • March 12, 2005

<p>Dave Cantrell, Raymond James, Los Angeles; Adam Nunes, Nasdaq, Krista Tulley, Instinet,</p><p>Bob McCooey, Griswold & Co., all New York; Richard Waks, Imperial Capital, Los Angeles; Mary McDermott Holland, Franklin Portfolio Associates, Boston.</p> <p>“STA Update”<br>

James Duncan, Canaccord Capital, Toronto.</p> <p>“Update on STA Affiliate Committee”<br>

Lisa Utasi, Citigroup Asset Management, New York.</p>

Back to 2005

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