Sang Lee Quotes

"A lot of small brokers may not have a trading execution service, or have one that is heavily manual, which means it costs more to provide support services for clients. One way around that is to introduce automated execution services."
-Sang Lee

"I think the wholesale repeal of what's already been decided is unlikely."
-Sang Lee

"From a competitive perspective, [a hybrid market] doesn't make any sense. [Amex] is a third-tier player in this marketplace, with shrinking market share; at a certain point, [it] has to take risks."
-Sang Lee

"We expect to see continued adoption of stream processing within the securities industry as firms move beyond low latency trading and focus on other vital aspects of the business, such as risk management, compliance analysis and liquidity management."
-Sang Lee

"A lot of artists, regardless of ideology, are pioneers; they do not care about geography."
-Sang Lee

"Amex has done a tremendous job in terms of product innovations, I hope not. It's a shame for an institution like this to disappear to a certain degree, and lose some of its glitter."
-Sang Lee

"I think [the Amex] should have seriously thought about launching a fully electronic platform, becoming for-profit and taking more chances. You can't continue along your current trajectory if it isn't working."
-Sang Lee

"This offering and anything that happens going forward is to build up a war chest as they work out how to compete on an international basis."
-Sang Lee