Security Traders Association

STA discussion document with congressional staff for the month of December on: Consolidated Audit Trail; ETPs and Tick Size Pilot Specific Comments: Consolidated Audit Trail – Recommendation for a Revised […] Read More

STA discussion document with congressional staff on: Consolidated Audit Trail; US Treasury Report and ETPs Specific Comments: Consolidated Audit Trail – Recommendation for a Revised Implementation Plan STA delivered a […] Read More

STA discussion document with congressional staff on: Access Fees & Maker/Taker Models;  Disclosure-Order Handling Information; Reg NMS Plans and Market Data. Access Fees & Maker/Taker modelsAccess fees and corresponding liquidity […] Read More

Access Fees & Maker/Taker models Access fees and corresponding liquidity rebates (or “maker/taker” models) have evolved and are now deeply engrained in the current market structure. STA believes that a […] Read More

STA discussion document with congressional staff for the month of March & April on: Tick Size Pilot, SEC ESMAC & SEC Over Payment Credit Act Tick Size Pilot Data (“Pilot”) […] Read More

SEC Equity Market Structure Advisory Committee; Charter STA filed a comment letter with the Commission on November 21, 2016. In our letter we recommend.. Read specific comments (PDF)> Read More

STA Issues: -Proposed Rule: Regulation of NMS Stock Alternative Trading Systems -Implementation of Tick Size Pilot -SEC EMSAC expiration on two-year charter Read specific comments (PDF) > Read More

STA Issues: Recommendations made by SEC Equity Market Structure Advisory Committee (“EMSAC”) Subcommittees at April 26, 2016 meeting: -Regulation NMS Subcommittee; Access Fee/Liquidity Rebates Pilot -Trading Venues Regulation Subcommittee; Changes […] Read More

STA Issues *SEC Release No. 34-767474; File No. S7-23-15; Regulation of NMS Stock Alternative Trading Systems (“SEC Reg ATS Proposal”) *SEC Equity Market Structure Advisory Committee, (“SEC EMSAC”) *Financial transaction […] Read More