Unified communications and network solutions provider MetTel has just opened what it calls a state-of-the-art network node in Santa Clara, Calif. The company says this new center adds to the service and reliability it already offers customers with nodes in New York and Dallas. Read more
Do We Need a Market 'Kill Switch'?
While the experts agreed that a kill switch is a smart idea to keep up with technological advances, it shouldn’t be the only line of defense. “Kill switches shouldn’t replace internal risk controls, they should be a last resort for the firms,” said Jim Toes, president and CEO Security Traders Association. “They should be looking […]
Stanton Analytics radio spot
Stanton Analytics radio spot
MetTel Reaches 100,000 Users
Metropolitan Telecommunications (MetTel (News – Alert)) is doing well for itself lately, having just recently reached 100,000 users. With a track record of delivering quality communications solutions of its IP network to businesses of all shapes and sizes, it has finally reached a landmark number of customers for its hosted unified communications services. View the […]
Interesting Piece from Peter Kenny at Knight
Peter Kenny of Knight, who was a great help to our efforts at the NYSE, writes a morning note for investors each day which I find among the best in the marketplace. His note yesterday morning (shown below) contained some interesting facts about true household income and unemployment. I thought you would enjoy it. […]
Knight: We ‘Immunize’ Retail Investors
WASHINGTON, D.C. – Knight Capital “immunizes” retail orders from “some of the activities” that take place at marketplaces where professional trading firms try to outrace each other to get to an order, the market maker’s chief executive said Friday. When a market maker takes in order flow from retail brokerages, the orders do not go […]
Helene Ferm Named Senior Project Manager, Mechanical at Paulus, Sokolowski & Sartor, LLC (PS&S)
WARREN, NJ–(Sep 26, 2012) – Helene Ferm, an accomplished engineer with more than 20 years experience in the pharmaceutical industry, has joined Paulus, Sokolowski & Sartor, LLC (PS&S), as Senior Project Manager in the Energy Practice of the Mechanical Group. She will be based at PS&S headquarters in Warren, NJ. “Helene is a major strategic hire […]
MetTel now delivers BroadSoft to more than 100,000 users
Metropolitan Telecommunications has announced that it now delivers BroadSoft hosted unified communications services to more than 100,000 users across the US, Canada and Puerto Rico. MetTel has a ten-year history of delivering high quality, user-friendly communications services over its IP network to businesses of all sizes, and offers software and services that enable mobile, fixed […]
SEC'S Paredes: Fragmentation – Or Choice?
WASHINGTON, D.C. — A dozen national exchanges. More than 40 dark pools and alternative venues. A couple hundred internal broker order-matching systems. That, compared to a quarter century ago, when three national exchanges handled almost all order flow, is now often called ‘’fragmentation’’ by trading firms. But should it? Not necessarily, Securities and Exchange Commission […]
STA Expands to Latin America
WASHINGTON, D.C. — The Security Traders Association is heading into Latin America. The move comes through the Security Traders Association of Florida, which is giving birth to a chapter that will recruit members from Colombia, Peru, Chile, Brazil and Mexico. View the article here
Brokers Need More Discipline to Avoid Trading Errors, Finra Says
Debacles like Knight Capital Group Inc.’s August trading loss will be avoided if brokers exercise more vigilance overseeing their risk controls, according to the head of the Financial Industry Regulatory Authority. Rules requiring brokers to check orders before sending them to markets to ensure they’re correct and don’t exceed capital and credit thresholds went into […]
U.S. regulators probe "mini-manipulation" of stocks, options
(Reuters) – Regulators are getting more complaints about the alleged “mini-manipulation” of stocks so that favorable positions can be established in stock options, the head of the securities’ industry watchdog organization said on Thursday. Some firms appear to have algorithms – the computer code that carries trading instructions – that move the underlying equity, said […]
'More Hair-Triggered’ Kill Switches Needed, Ketchum Says
WASHINGTON, D.C. — Faster ‘kill switches’ are needed to prevent market disruptions such as the August 1 flood of erroneous orders from market maker Knight Capital, the head of the independent regulator of brokers said Thursday. ”Kill switches have to be far more hair-triggered than they have been in the past,’’ said Richard Ketchum, chief […]
AJS Acquisition Launches AJS Business Imaging Solutions
Customers and Clients Will Enjoy In-House Printing and Reproduction Services at Significant Savings WARREN, NJ–(Sep 20, 2012) – AJS Acquisition, LLC, parent company of best-in-class architecture and engineering (AE) firm Paulus, Sokolowski & Sartor (PS&S), today announced the launch of AJS Business Imaging Solutions, LLC, a new division designed to provide AJS clients and customers […]
Reed: Technology Won’t Slow Down. Recalibration Needed.
WASHINGTON, D.C. — Shortly before he would lead a Senate Banking Committee hearing into computerized trading, Senator Jack Reed told the Securities Traders Association that technology has to be looked at closely because the change it is bringing is speeding up. The examination into computerized trading is necessary to prevent, like the stock market crash […]
STA Discusses Top Priorities Over the Next Year
“Explaining the dangers of penny pricing and the benefits of minimum price variations (MPVs) are keys to better market structure, says the incoming Security Traders Association chairman.” View the entire article here
To my Advertising, Marketing and PR Colleagues…
Please help us support the FDNY Foundation OK, I’m making a pitch. When I was at the NYSE I worked with just about every New York public relations, communications, advertising and investor relations firm, helping coordinate and gain visibility for your clients’ IPOs, milestones, and publicity efforts. But now I’m wearing my FDNY hat. My […]
Chris Mirabile, Hotlist on NY1
Hotlist on NY1 9-6-12
Nightly Business Report looks at Student Transportation, Inc.
View clip and transcript on Nightly Business Report
MetTel Chooses AirWatch as Partner for Mobile Device Management
Offers MDM Bundled With MetTel Nationwide Mobile Service NEW YORK, NY–(08/14/12)- Metropolitan Telecommunications (MetTel) today announced the selection of AirWatch, a recognized leader in mobile device security and management, to power MetTel ‘s Mobile Device Management (MDM) service. MetTel is offering MDM at no charge with certain MetTel Nationwide Mobile Service packages. “Corporate IT managers […]
Security Traders Association CEO on Knight, Rules
Jim Toes, Security Traders Asociation(STA), discusses Knight Captial Group & SEC/SRO rule making process.
Chief Executive of Security Traders Association Urges Regulators to Slow 'New Rules' Process
Says “Speed of Changes” Is Impacting Trading Issues NEW YORK, NY — 08/05/12 — Speaking at the 2012 Security Traders Association (STA) Wisconsin Convention this weekend, Jim Toes, president and CEO of the STA, urged regulators to limit the number of rule changes market participants are asked to absorb in short periods of time to […]
STA Urges SEC to Launch Decimalization Pilot Program
NEW YORK (July 17, 2012 ) — The Security Traders Association (STA) has urged the U.S. Securities and Exchange Commission (SEC) to initiate a pilot program to determine if Minimum Price Variations (MPVs) will add liquidity to the market for emerging growth companies. The STA comment letter follows passage in March of the Jumpstart Our Business […]
Pcubed Gets The Olympic Spotlight
View the video on TheStreet.com
Pcubed "Lessons Learned" Delivers Gold Medal Performance to Organizers of the Upcoming Games in London
NEW YORK, NY (06/28/12)- With only a month to go before the London Olympics opening ceremony, the Pcubed sports events team is counting down the days to its most extensive project ever. Continue reading here.
Leading Analyst Firm Featured in New MetTel Video
NEW YORK, June 27, 2012 — At a time when converging technologies make choosing the right telecom partner more important than ever, Metropolitan Telecommunications (MetTel) has released a new web video, “Converged Telecommunications Solutions: Gaining a Competitive Advantage.” Continue reading here.
Power Survey Unveils New Services, Tools, Website
KEARNY, NJ–(06/26/12)- Power Survey Company, the leader in contact voltage testing and strategic utility asset management, today launched GridHealth™, a comprehensive, turnkey service providing customers with X-ray like visibility into large, inaccessible areas of their underground electric systems. Continue reading here.
Pcubed's Head of Innovation Leads Race to Develop the 'Connected Car'
DEARBORN, Mich., June 26, 2012 /PRNewswire/ — The car of the future – the so-called ‘Connected Car’ – will have radar capabilities, feature infotainment systems and may well be able to drive itself. Technological advances in automotive development are accelerating at great speed, putting industry innovators such as Pcubed in the driver’s seat. Continue reading here
Grasso, Zito discuss Nasdaq and Facebook
June 21 (Bloomberg) — Former NYSE Chairman Dick Grasso and Zito Partners Founder Bob Zito talks about IPO crisis management and whether the IPO process needs to be changed. They speak with Betty Liu on Bloomberg Television’s “In The Loop.” (Source: Bloomberg) View this video on Bloomberg.com
Col. Jacobs voices in on Pakistan.
Empty Warnings Despite our paying Pakistan an enormous amount of money over the years, our uneasy relationship with Islamabad is now genuinely on the rocks. As in most cases of American cash given to foreign entities, the money has been an unsophisticated form of bribery, a tactic which is never effective over the long term. In the end, usually both sides become dissatisfied with the arrangement, each convinced […]
