The Impact of Electronic Trading Technology
ROBERT SCHWARTZ: Rich Holowczak is head of the Wasserman Trading Floor – Subotnick Center here at Baruch College. Rich is my colleague, a friend and also a co-author. Please welcome him.
RICHARD HOLOWCZAK: Thanks Bob. The professor in me wants to get some definitions out of the way. So, my first question for the panel is, what do you consider to be electronic trading technology? It was suggested that there is a distinction between tools and venues.