Currently, financial services companies are scrambling to ready systems and processes for Reg NMS and the NYSE's planned hybrid exchange structure. However, Joe Gawronski, COO at Rosenblatt Securities, says that while it's important to be prepared, don't be surprised if implementation of both Reg NMS and the NYSE's hybrid model are delayed. In addition, Gawronski also discusses the role that algorithms and transaction cost analysis (TCA) will play in Rosenblatt's operations and how the specialty boutique firm will grow and change in 2006.
Background Music "Classic Sidewalk Stroll" Courtesy Digital Riffs Music, www.digitalriffs.ca, under Creative Commons License



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