STA Thoughts on the Tick Pilot It is a fundamental belief of the Security Traders Association that market structure changes should be based on empirical data, according to STA president […]
Tag: Security Traders Association
STA conference coverage
SEC’s Gallagher calls for markets review, frets about bond liquidity WASHINGTON — A commissioner at the Securities and Exchange Commission on Wednesday said the stock market structure needs a thorough […]
STA in Tabb Forum
Good Luck, Chair White: Advisory Committees and Roundtables in the 21st Century Among SEC Chair Mary Jo White’s equity market structure agenda is a plan to create an advisory committee. […]
NY Post recognizes Jim and the STA
Wall Street looks up to the Navy, not fellow traders Who are Wall Street’s heroes? Read more here.
STA Board Urges SEC to Conduct Holistic Review of Market Structure
Also Criticizes Financial Transaction Tax; and Highlights Agenda for STANY Conference NEW YORK — April 9, 2014 — In a letter to its members, the Security Traders Association Board of […]
STA Comments On Tick Sizes
Wider ‘Tick Sizes’ Gather Momentum Citigroup Sends SEC a Plan for a Pilot Program Read the article here.
Security Traders Association (STA) Comment on Today's SEC Roundtable Discussion on Decimalization and Its Effect on Capital Formation
The Security Traders Association (STA) has issued the following comment on today’s SEC Decimalization…
Wall Street Must Educate Main Street
Longtime Jones Trading sales trader Tom Carter wants to be an educator. Jones, the incoming chairman of the Security Traders Association, is worried that investors misunderstand what traders do. Continue […]
Do We Need a Market 'Kill Switch'?
While the experts agreed that a kill switch is a smart idea to keep up with technological advances, it shouldn’t be the only line of defense. “Kill switches shouldn’t replace […]
Knight: We ‘Immunize’ Retail Investors
WASHINGTON, D.C. – Knight Capital “immunizes” retail orders from “some of the activities” that take place at marketplaces where professional trading firms try to outrace each other to get to […]
SEC'S Paredes: Fragmentation – Or Choice?
WASHINGTON, D.C. — A dozen national exchanges. More than 40 dark pools and alternative venues. A couple hundred internal broker order-matching systems. That, compared to a quarter century ago, when […]
STA Expands to Latin America
WASHINGTON, D.C. — The Security Traders Association is heading into Latin America. The move comes through the Security Traders Association of Florida, which is giving birth to a chapter that […]
Brokers Need More Discipline to Avoid Trading Errors, Finra Says
Debacles like Knight Capital Group Inc.’s August trading loss will be avoided if brokers exercise more vigilance overseeing their risk controls, according to the head of the Financial Industry Regulatory […]
U.S. regulators probe "mini-manipulation" of stocks, options
(Reuters) – Regulators are getting more complaints about the alleged “mini-manipulation” of stocks so that favorable positions can be established in stock options, the head of the securities’ industry watchdog […]
'More Hair-Triggered’ Kill Switches Needed, Ketchum Says
WASHINGTON, D.C. — Faster ‘kill switches’ are needed to prevent market disruptions such as the August 1 flood of erroneous orders from market maker Knight Capital, the head of the […]
Reed: Technology Won’t Slow Down. Recalibration Needed.
WASHINGTON, D.C. — Shortly before he would lead a Senate Banking Committee hearing into computerized trading, Senator Jack Reed told the Securities Traders Association that technology has to be looked […]
STA Discusses Top Priorities Over the Next Year
“Explaining the dangers of penny pricing and the benefits of minimum price variations (MPVs) are keys to better market structure, says the incoming Security Traders Association chairman.” View the entire […]
Security Traders Association CEO on Knight, Rules
Jim Toes, Security Traders Asociation(STA), discusses Knight Captial Group & SEC/SRO rule making process.
Chief Executive of Security Traders Association Urges Regulators to Slow 'New Rules' Process
Says “Speed of Changes” Is Impacting Trading Issues NEW YORK, NY — 08/05/12 — Speaking at the 2012 Security Traders Association (STA) Wisconsin Convention this weekend, Jim Toes, president and […]
STA Urges SEC to Launch Decimalization Pilot Program
NEW YORK (July 17, 2012 ) — The Security Traders Association (STA) has urged the U.S. Securities and Exchange Commission (SEC) to initiate a pilot program to determine if Minimum Price […]