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While there is optimism that the African Continental Free Trade Area (AfCFTA) is set to provide further expansion opportunities for South Africa’s agricultural exports into the African continent, the benefits of this agreement for the local sector are not as much as previously thought, according to the Agricultural Business Chamber (Agbiz).
Traders Magazine
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FLASH FRIDAY is a weekly content series looking at the past, present and future of capital markets trading and technology. FLASH FRIDAY is sponsored by Instinet.
The October 2000 Traders Magazine included a Market Viewpoint written by Michael T. Dorsey, then general counsel and secretary at Knight Trading Group.
In the op-ed, Dorsey was skeptical on electronic communication networks. “We believe that the ECN business model will be the exception rather than the rule in the future,” he wrote. “To think otherwise is to underestimate the limitations inherent in the ECN business model.”
20.5 years later, Traders caught up with Dorsey, now an independent securities compliance consultant to securities firms and asset managers.