Sang Chun Lee, most commonly known simply as Sang Lee, was a Korean American professional three-cushion billiards player and world champion. Born and raised in South Korea, Lee moved to New York City, USA, in 1987 at age 33... (wikipedia)
We expect to see continued adoption of stream processing within the securities industry as firms move beyond low latency trading and focus on other vital aspects of the business, such as risk management, compliance analysis and liquidity management.
I think the wholesale repeal of what's already been decided is unlikely.
To a certain degree, the regional exchanges had to do something to remain competitive in this marketplace.
This offering and anything that happens going forward is to build up a war chest as they work out how to compete on an international basis.
A lot of artists, regardless of ideology, are pioneers; they do not care about geography.
A lot of small brokers may not have a trading execution service, or have one that is heavily manual, which means it costs more to provide support services for clients. One way around that is to introduce automated execution services.
A lot of traders are rebelling to a certain degree by creating competition for the exchanges.
Amex has done a tremendous job in terms of product innovations, I hope not. It's a shame for an institution like this to disappear to a certain degree, and lose some of its glitter.