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Photo Gallery January 1, 2007

st Annual Mid-Winter Meeting

Security Traders Association of Chicago

<p>Brian Wells, Weeden & Co., San Francisco; Davia</p><p>Navarrette, Roxbury Capital Management, Santa</p><p>Monica; Jay Meagrow, KeyBanc Capital Markets,</p><p>Cleveland; Bob Wagner, Ferris Baker Watts,</p><p>Pittsburgh; Spencer MacCosham, Raymond</p><p>James, Vancouver; David Cronin, Leerink Swann,</p><p>Boston; Dave Meyer, Fiduciary Management</p><p>Associates, Chicago; Steve Menendez,</p><p>Flagstone Securities, St. Louis.</p> <p>Penny Trading in Options:</p><p>Are We Ready?</p><p>Kevin Murphy, Citigroup, New York; Ed Boyle, TD</p><p>Securities, Chicago; Jay Owen, Fidelity Capital Markets,</p><p>Boston; Ben Londergan, Group One Trading, Chicago;</p><p>Paul Jigante, Susquehanna, Chicago.</p>
<p>Seminar: How to Use Options</p><p>to Run Your Equity Business</p><p>Dan Passerelli,</p><p>CBOE Options Institute, Chicago.</p> <p>Seminar: Can Trading</p><p>Floors Survive the Tidal</p><p>Waves of Technology</p><p>Rick Santelli,</p><p>CNBC News.</p> <p>Seminar: Technical Analysis,</p><p>A Look at 2007</p><p>Ralph Acampora, Knight Capital</p><p>Markets, Jersey City.</p> <p>Seminar: The Evolution of</p><p>Private Sector Regulation</p><p>Douglas Shulman, NASD,</p><p>Washington.</p>
<p>Seminar: Mining Information</p><p>from Options</p><p>Stacey Briere Gilbert, Susquehanna</p><p>International Group, Bala Cynwyd.</p> <p>Seminar: Comments on Market</p><p>Structure</p><p>Dan Gray, Market Structure Counsel</p><p>Division of Market Regulation, SEC,</p><p>Washington DC.</p> <p>Seminar: Evolution of Exchanges</p><p>Thomas Caldwell, Caldwell Asset</p><p>Management, Chicago.</p> <p>Panel Discussion: Growth and Liquidity,</p><p>A conversation with Exchange Leaders</p><p>Chris Nagy, Ameritrade, Omaha; John Davidson,</p><p>CME, Chicago; Sandy Frucher, Philadelphia Stock</p><p>Exchange, Philadelphia; Matt Andressen, Citadel</p><p>Execution Services; Edward Tilly, CBOE, both</p><p>Chicago; David Krell, ISE, New York.</p>
<p>Seminar: CME Futures on</p><p>Exchange Traded Funds/View</p><p>on Globex</p><p>David Lerman, Chicago</p><p>Mercantile Exchange, Chicago</p> <p>Welcome</p><p>David Meyer, STAC</p><p>President, Fiduciary</p><p>Management</p><p>Associates, Chicago.</p> <p>Bruce Kos, Bank of America; Terry Brady, Weeden & Co.; Karl Albensoeder,</p><p>Cantor Fitzgerald, all Chicago.</p> <p>Robert Jacobs, Tiburon; Patricia Sharp, New York, David Wakefield, Chicago,</p><p>all National Stock Exchange.</p>
<p>Debra Schmoker, Robert Baird, Milwaukee; Mary Ann Power, BMO Nesbitt,</p><p>Toronto; Jeanette Wilkinson, Jefferies & Co., New York.</p> <p>Steve Puleo, Canaccord Adams; Debbie O’Brien, Firefly Trading, both Boston;</p><p>Dave Canon, Cabrera Capital Markets, Chicago.</p> <p>Paul Panettiere, Bear Stearns; Neda Shojai, Merriman Curhan Ford, both New</p><p>York; Tony Lopez, Pershing, Jersey City; Roger Morel, Bear Stearns, New York.</p> <p>Valerie Howell, ATD, Mt. Pleasant; Keller Reid, Penson Financial, Dallas;</p><p>Lauren Mosolino, Direct Edge ECN; Ron Pasternak, Hudson Securities,</p><p>both Jersey City.</p>
<p>John Masi, guest; Joe Tama, Merrill Lynch, New York; Connie Kreutzer,</p><p>Amy Ellis, both Lambright Financial Solutions, Chicago.</p> <p>Matt Filpovich, Lake Shore Securities; Denise and Jack O’Donnell, Fidelity</p><p>Capital Markets; Michael Lynch, Lakeshore Securities, all Chicago.</p> <p>Michael D’Onofro, Roger Morel, both Bear Stearns; Richard Crisalli, Baycrest</p><p>Partners, Paul Paettiere, Bear Stearns, all New York.</p> <p>Gerry DeCaro, Domestic Securities, Edison; Chris Amato, E*Trade, Chicago;</p><p>Henry Cotrez, Empire Financial, Orlando; Justin Prouty, E*Trade, Chicago.</p>
<p>Michael Teesch, Eroom Securities, Chicago; Matthew Werner, Pivot Solutions,</p><p>Boston; Scott Pospisil, Eroom Securities, Chicago.</p> <p>Joel King, Lek Securities, New York; Mark Hively, Merrill Lynch, Chicago;</p><p>William Miller, Howard Chueh, both Cheevers, Chicago.</p> <p>Joe Valenza, Lehman Brothers, New York; Matt Fischer, Kathy and Daniel</p><p>Carver, all Fidelity Capital Markets, Boston.</p> <p>Sue Miller, Citadel; Danielle Dayan, Guest, both Chicago; Bart Green,</p><p>A.G. Edwards, St Louis; Chris Bush, Citadel, Chicago.</p>
<p>James Duncan, Canaccord Capital, Toronto; Lisa Utasi, ClearBridge Advisors,</p><p>New York; Davia Navarrette, Roxbury Capital Management, Santa Monica;</p><p>Madeline Lebedow, MFI Associates, Lincolnwood.</p> <p>Brian Geller, Jackson Partners; Daniel Brasier, Michael Dorsey, both Pink</p><p>Sheets; Keith Bliss, LaBranche, all New York.</p> <p>Drew Kirchman, Adam Nunes, both Nasdaq, New York; Martin Manion,</p><p>Citadel, Chicago, Dan Weingarten, NYFIX, New York.</p> <p>Katie Adams, guest; Ted Bilharz, Lisa Morano, Jim Bittman, Daniel Gray,</p><p>all CBOE/CBSX, Chicago.</p>
<p>Beth and Aurelio Picciuca, guests; Michael Rozewski, Cheevers & Co.;</p><p>Joel and Fern King, Lek Securities, all Chicago.</p> <p>Francis Fleming, Btrade Services; Michael Horton, Thrivent Financial, both</p><p>Chicago; Jim Mooney, Capital Institutional Services, Dallas; Andrea Romano,</p><p>Stan Klimerk, both Capital Securities Investment, Chicago.</p> <p>Bob Wagner, Ferris Baker Watts, Pittsburgh; Dan Brueggaman, AG Edwards, St.</p><p>Louis; Fred Ingles, Citadel Execution Services, Chicago; Heather Brueggaman,</p><p>AG Edwards, St. Louis; David Bingman, Citadel Execution Services, Chicago.</p> <p>Frank Cannarozzo, John Meors, Robert McGrath, all B+B Securities, New York.</p>
<p>John Cromley, Julie Scholvin, both guests; Joel Zawko, LaSalle Capital;</p><p>Kenneth and Heather Hallman, Malcolm Kennedy, Stan Lee, Byron Stiger,</p><p>all LaSalle Capital, Chicago.</p> <p>Nancy McLaughlin, Joe Cangemi, both BNY</p><p>ConvergEx Group, New York.</p> <p>Nate Barnes, MTS Investments, Dan Vance Ovest</p><p>Inc., both Chicago.</p> <p>Richard Crisalli, Bill Mulligan, both Baycrest</p><p>Partners, New York.</p>
<p>Mary Ann Powers, BMO, Toronto; Bruce Kos,</p><p>Banc of America Securities, Chicago.</p> <p>Mary McDermott-Holland, Franklin Portfolio</p><p>Associates, Boston; Jeff Kohl, Traders Magazine,</p><p>New York.</p> <p>Roger Peterkin, Chicago, Robert Mahoney,</p><p>Boston, both Think or Swim.</p> <p>Oscar Leon, Centerville, Don Rigg, Roseland,</p><p>both AcquireMedia.</p>
<p>David Bryan, Alex Vlastakis, both BNY ConvergEx</p><p>Group, New York.</p> <p>Wendy Schaefers, Guest; Rob Kelley, Country</p><p>Insurance and Financial Services, Glen Ellyn.</p> <p>Ana Burke, BNY ConvergEx; Richard Rankin, Amerivest; Peggy Brenan,</p><p>Baycrest, all New York.</p> <p>Fred Ingles, Citadel, Chicago; Dan Brueggeman,</p><p>A.G. Edwards, St. Louis.</p>
<p>Tony Valenza, E*Trade Capital Markets, Chicago;</p><p>Joe Tama, Merrill Lynch, New York.</p> <p>John Giesea, STA, New York; Patricia and Donald Dwyer, Life Member River</p><p>Forest.</p> <p>Lida Preyma, Pure Trading, Toronto; Lauren Mosolino, Direct Edge,</p><p>Jersey City; Kenny Gast, Instinet, St. Louis.</p> <p>Gene Hill, Capital Institutional Services, Dallas; John Kelly, Empire Financial,</p><p>Boca Raton; David Shapiro, MSI Thomson, New York.</p>
<p>Tom Lavery, ATD, Mt. Pleasant; Tanja Lippy, Guest; Tom Wilbeck II,</p><p>Activ Financial, Chicago.</p> <p>Joseph Frehr, JOH Options, Aurora; Mitchell King, Lek Securities, Chicago;</p><p>Kenneth Bellavia. DPM Association, Chicago.</p> <p>Mary Lou Giustini, Merrill Lynch; Timothy Martin, Citigroup; Kathy Cheevers, Cheevers & Co.; John Alletto, Ariel Capital Management;</p><p>Patrick Scanlan, Bear Stearns; Rory O’Kane, TD Professional Execution; David Meyer, Fiduciary Management Assocs; Georgia Brooks,</p><p>Jefferies & Co., Inc; Brian VanderMeulen, Duff and Phelps; Chris Buti, Next Generation Equity; Patricia Kevin-Schuler,</p><p>Chicago Board Options Exchange; Luis O. Fontanez, Melvin Securities.</p> <p>Jose Rios, Empire Financial, New York; Lou Matrone, Pulse Trading, Dallas;</p><p>Steve Menendez, Flagstone, St. Louis.</p>
<p>Kain Cederberg, Institutional Capital; Michele Minarik, Merrill Lynch;</p><p>Bryon Karom, UBS, all Chicago.</p> <p>John Alletto, Ariel Capital Management, Chicago;</p><p>Kenneth Gast, Instinet, St. Louis.</p> <p>Ken Heath, Traders Magazine, New York;</p><p>Tony Sanfilippo, WD Capital, Westport.</p> <p>Whit Conary, Level ATS; Kathy Marshall, Boston Equities Exchange,</p><p>both Boston; Gary Sjostedt, TD Ameritrade, Omaha.</p>
<p>Trevor McOmber, Mark Frantz, Mark Patel, all Terra Nova Financial, Chicago.</p> <p>Monica and Drew Goss, JonesTrading, Orlando; David Wisneski, Merrill Lynch,</p><p>Chicago.</p> <p>Lesley Leonhardt, Bill Hebert, Andrew Chao, all Fidelity Capital Markets,</p><p>Boston.</p> <p>Chris Cochrane, Knight Capital Group, Jersey</p><p>City; Brian Wendt, Terra Nova Financial, Chicago.</p>
<p>John Kremler, Rob Meyers, both LaBranche,</p><p>New York.</p> <p>James Duncan, Canaccord Capital, Toronto; Tom Richardson, Boston Equities</p><p>Exchange, Boston; Pat Ryan, JP Morgan, New York.</p> <p>Mary King, Ramsey King Securities; Dennis Dunn, Channing Capital</p><p>Management, Michelle Coleman, Ramsey King Securities, all Chicago.</p> <p>Lisa Utasi, ClearBridge Advisors; Ken Heath, Traders Magazine, both</p><p>New York; Nancy Usiak, Cabrera Capital Markets, Chicago.</p>
<p>Joe Cunningham, Proshares; Dan Petrie, AMEX; John Tulli, Miletus,</p><p>all New York.</p> <p>John Alletto, Ariel Capital Management, Chicago; Debbie O’Brien, Firefly,</p><p>Boston; Thomas Hayes, BNY Convergex Group, New York; Brett Detterbeck,</p><p>Detterbeck Wealth Management, Palantine.</p> <p>Dave and Patricia Meyer, Fiduciary Management</p><p>Associates, Chicago.</p> <p>Karen College, Canaccord Capital, Toronto;</p><p>Stan Lis, Mesirow Financial, Chicago.</p>
<p>Pete Driscoll, Northern Trust, Chicago; Lou Matrone, Pulse Trading, Dallas;</p><p>Bill Flanagan, NYSE, New York; Julian Flores, Freidman Billings Ramsey,</p><p>Arlington.</p> <p>Steve Kay, Knight Capital Group, Jersey City; Tony Meyers, RBC Capital</p><p>Markets, Minneapolis; Jeffrey Van Horn, JMP Securities, Chicago;</p><p>James Smyth, Knight Capital Group, Jersey City.</p> <p>Carl Brazendale, Pershing, Tim Hamick, Randy Kudlata, both Broadcort;</p><p>Kevin Shea, Merrill Lynch, all Chicago.</p> <p>Dennis Dunn, Channing Capital Management; Tony Tronca, Moor Events, both</p><p>Chicago; John Giesea, STA, New York; Pete Driscoll, Northern Trust, Chicago.</p>
<p>Shelly Seals, Nicholas Otte, both Scottrade, St. Louis; Quint Towle, RBC</p><p>Capital Markets, Minneapolis; Steve Carolus, E*Trade, Chicago.</p> <p>Stacy Swanstrom, Nasdaq, Rockville; Ron Dempsey, Man Financial, Chicago;</p><p>Julian Sears, Nasdaq, Trumbull.</p> <p>Dan Weingarten, Sean Malloy, both NYFIX Millenium, Philip Biderman, ISE;</p><p>Jeff Kohl, Traders Magazine, all New York.</p> <p>Ben Brown, Quantum 5, Austin; Patty Kevin-Schuler, CBOE, Chicago;</p><p>Rod Taylor, Quantum 5, Austin; Ted Bilharz, CBOE, Chicago.</p>
<p>Todd Swearngen, Townsend Analytics; Natalie Jansen, Bob Hill, both NYSE</p><p>Group, all Chicago; Tim Brennan, ATD, Mt. Pleasant.</p> <p>Sonny Lenon, CSTA, Toronto; Robert Sheehan, Electronic Brokerage, Chicago;</p><p>Lida Preyma, Pure Trading, Toronto; Michael Hayes, Pipeline, New York.</p> <p>John Giesea, STA, New York; Robert Wagner, Ferris Baker Watts, Pittsburgh;</p><p>Julian Flores, Freedman Billings Ramsey, Arlington; Jim Padala, Hill Thompson,</p><p>Jersey City.</p> <p>Ryan Kwiatkowski, International Trading, Orlando; Joseph Devino, Bank of</p><p>America Securities, New York; Greg Hawkins, BMO Capital Markets, Toronto;</p><p>Quint Towle, RBC Capital Markets, Minneapolis; Paul Panettiere, Bear Stearns,</p><p>New York.</p>
<p>Todd Phillips, Terry Brody, both Weeden & Co., Chicago; Christine Fitzpatrick,</p><p>Merrill Lynch, New York; Matt Bauer, Adam Troutman, both Weeden & Co.,</p><p>Chicago.</p> <p>Mark Votruba, E*Trade,</p><p>Chicago; Bill Karsh, Direct Edge</p><p>ECN, Jersey City; Brian Wendt,</p><p>Terra Nova Financial, Chicago;</p><p>Tony Sanfilippo WD Capital</p><p>Management, Westport.</p> <p>Paul Warywoda, Oppenheimer, New York;</p><p>Quint Towle, RBC Dain, Minneapolis.</p> <p>Rod Taylor, Quantum 5, Austin;</p><p>Lisa Morano, CBOE, Chicago.</p>
<p>Danielle Dayan, guest; Deb Kase, TradeTrek Securities, Newark; Sue Miller,</p><p>Citadel Execution Services, Chicago.</p> <p>Lynda Zilliox, NYFIX Millenium, New York;</p><p>Lauren Mosolino, Direct Edge, Jersey City.</p> <p>Mike Kotalik, William Miller, both guests.</p> <p>Craig Gantar, Beth Harrod, Jerry Kallas, Michael Nolan, Steve Simmons,</p><p>all Terra Nova Financial, Chicago.</p>
<p>Jim Kurtz, AIG Global; Nancy McLaughlin, BNY ConvergEx Group; Richard</p><p>Russo, AMEX; Ana Burke, BNY ConvergEx; Marlene Kurtz, Guest, all New York.</p> <p>Adam Troutman, Weeden & Co., Greenwich; Pete Driscoll, Northern Trust,</p><p>Chicago; Dan Whitney, FTAM, Cincinati; Chris Fiorito Weeden & Co., Chicago;</p><p>Robert Didonenico, Prudential, New York; Rob Nonna, BNY ConvergEx,</p><p>New York.</p> <p>Mike Ortiz, Orlando, Collin Walsh, Aspen, Scott Cooper, New York, Will</p><p>Stratton, Aspen, Brian Sasser, Mike Isaac, Ray Murray, Bryan Morely, all</p><p>Chicago, Steve Tullar, Aspen, all JonesTrading; Jim Chartrand, Oberweis Asset</p><p>Management, Chicago; Jeff Douglas, JonesTrading, Orlando.</p> <p>Michelle Piekosz, Mesirow Financial; Daniel</p><p>Carver, Fidelity Capital Markets, both Chicago.</p>
<p>James Duncan, Canaccord Capital, Toronto;</p><p>Michael Hayes, Pipeline Trading Systems, New York.</p> <p>Charles Upchurch, Chicago; Chris Nagy, Gary Sjostedt, both Omaha,</p><p>all TD Ameritrade.</p> <p>Michael Shea, LaBranche, New York; Cheryl Cargie, Ariel Capital Management;</p><p>Walter Mis, Morgan Stanley, both Chicago.</p> <p>Clancy Siko, Sam Long, both NYSE Group; Clayton Moore, Fimat, all Chicago.</p>
<p>Val Sanchez, UBS, Jersey City; Travis Vieth, Edward Jones, St Louis; Joe</p><p>Mecane, Dan Gordon, Val Gabela, All UBS, Jersey City; Roger Morel, Paul</p><p>Panettiere, both Bear Stearns, New York.</p>
<p>AcquireMedia</p> <p>Fidessa</p> <p>ITG</p> <p>Lava Trading</p>
<p>Merrill Lynch</p> <p>Nasdaq</p> <p>National Stock Exchange</p> <p>NYFIX</p>
<p>NYSE Group</p> <p>Pipeline</p> <p>Selero</p> <p>AFA</p>
<p>Sungard BRASS</p> <p>Think or Swim</p> <p>Track Data Corp.</p> <p>Tradeware Global</p>
<p>American Stock Exchange</p> <p>BNY ConvergEx Group</p> <p>CBOE/ CBSX</p> <p>Chicago Stock Exchange</p>
<p>Direct Edge ECN</p> <p>E*Trade Capital Markets</p> <p>Fidelity Capital Markets</p>

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