Bob Gasser, CEO, of ITG is testifying today before the Senate Subcommittee on Securities, Insurance, and Investment Committee on Banking, Housing and Urban Affairs on the topic of dark pools, flash orders, high frequency trading and other market structure issues.

His testimony can be read :
http://www.itg.com/news_events/Senate_Testimony_102809.pdf

Other witnesses include: James A. Brigagliano, Esq., Co-Acting Director of the Division of Trading and Markets, U.S. Securities and Exchange Commission; Dr. Frank Hatheway, Senior Vice President and Chief Economist, NASDAQ OMX; William O'Brien, Esq., Chief Executive Officer, Direct Edge; Mr. Christopher Nagy, Managing Director of Order Routing Sales & Strategy, Ameritrade; Mr. Daniel Mathisson, Managing Director and Head of Advanced Execution Services, Credit Suisse; Mr. Peter Driscoll, Chairman, Security Traders Association; and Mr. Adam C. Sussman, Director of Research, TABB Group.

The hearing began at 9:30 this morning and can be watched http://banking.senate.gov/public/index.cfm?FuseAction=Hearings.LiveStream

Stay tuned as Advanced Trading reports on the outcome of the testimony.