I am highly concerned about government interference in the marketplace.
If transparency is the answer, should the government force transparency?
the highest rebate and best execution do not go together.
I hope this hearing will educate the public about high-frequency trading and broker conflicts of interest.
Trust is really about saying: 'Without me paying attention, I believe that the right things are happening in my best interests.'
Would you take back to your company that request?
there is a conflict inherent in that pricing schema.
the routing could be done better.
At least that step ought to be taken.
Some argue that 30 cents on an order is a tiny, minuscule amount, you have given a very strong answer or response to that.
I believe, Mr. Katsuyama, that you indicated that the maker-taker system creates a conflict of interest.