STA Report Calls for Modification of U.S. Market Structure--Key Drivers, Issues Identified

Download PDF

30 April 2008

(New York: April 30, 2008) The Security Traders Association (STA), the leading advocacy and education organization for professional equity traders in the U.S., today issued a special report. The report details the key drivers of current market structure in the U.S. and recommends incremental actions to improve the markets, assure continued market quality, and sustain U.S. competitiveness. The STA offers this report to establish a dialogue on issues of concern with industry participants and policymakers.

The report finds that U.S. equity market structure has evolved considerably and that the evolution is due primarily to changes in exchange structure, regulation, and technological advancements. One consequence of this evolution is the volatility the U.S. equity markets are now experiencing. These changes and their consequences are having a significant impact on the securities industry and investors.

Among the key findings of the report are: Click here to view the press release in its entirety.

About The STA

The STA is a worldwide professional trade organization that works to improve the ethics, business standards and working environment for our members. There are approximately 6,000 members, all engaged in the buying, selling, and trading of securities. Members participate in STA through 28 national and international affiliate organizations and represent the interests of the trading community and institutional investors. The STA provides a forum for our traders, representing institutions, broker-dealers, ECNs, and floor brokers to share their unique perspectives on issues facing the securities markets. They work together to promote their shared interest in efficient, liquid markets as well as in investor protection.