And over in Moscow, a new trading record was set on the RTS Index future contract, the most liquid instrument of the Russian financial market.

FORBES: Europe Markets Brief

So, for example, implementing financial regulatory reform requires new personnel at the Treasury Department, at the SEC, at the Commodities Future Trading Commission.

WHITEHOUSE: Press Briefing on the President's Budget

With the arrival of the new automated National Stock Exchange (NSE) in 1994, he could see that electronic trading would be the future.

FORBES: Exchange For Good