Competition Between Regional Exchanges, Nasdaq/NYSE Heating Up

The key points of my last article were about being nimble, selective, and patient. The two companies that have done this are Knight's Direct Edge and BATS Trading. I have to say that I am surprised they have gained as much traction as they have in such a short period of time, but with the hard work I have witnessed firsthand I am not shocked.

Contributed by Dave Hudzik, Managing Director, EMS Technology for Spartan Technologies , HydraTrade.

Well, it's been one year since I wrote about the regional exchanges competing with the Nasdaq and NYSE. The competition is heating up and boy oh boy I am seeing a lot of gusto from the little guys, two especially. The regionals have partnered up with some big names, but two ECN networks in particular aren't going anywhere without a fight.The key points of my last article were about being nimble, selective, and patient. The two companies that have done this are Knight's Direct Edge and BATS Trading. I have to say that I am surprised they have gained as much traction as they have in such a short period of time, but with the hard work I have witnessed firsthand I am not shocked.

For more, read "ECNs BATS, DirectEdge Gain Traction against NYSE, Nasdaq".The key points of my last article were about being nimble, selective, and patient. The two companies that have done this are Knight's Direct Edge and BATS Trading. I have to say that I am surprised they have gained as much traction as they have in such a short period of time, but with the hard work I have witnessed firsthand I am not shocked.