Trading places

03 Jul 2008

3D Markets adds staff ahead of CBOE roll out3D Markets, the US trading venue announced on Monday four new hires — Ed O’Connell and Matt Buckard in sales and Atul Ashar and Rich Danek for technology support. O’Connell joins from Radnor Research and Trading and will be working on the company’s trade support and facilitation desk, assisting institutional clients with 3D’s Archangel trading platform.Buckard, who previously worked at Tamale Software and Lava Trading, is responsible for expanding distribution and adoption of the Archangel block...

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“At our current funding level, the Commission is under serious strain. We lack the staff and resources necessary to both implement Dodd-Frank and continue to fulfil our pre-Dodd-Frank duties under the Commodity Exchange Act. Without additional funding, the strain will only become worse in July, when much of Dodd-Frank goes into effect.”

The CFTC's Michael Dunn pleads for Congressional support over the regulator's budget.