BusinessHigh-Frequency Trading's Rise and Rise1998: U.S. Securities and Exchange Commission regulations open the door for electronic trading venues to become rivals to traditional stock exchanges.FacebookXLinkedInEmailLinkGiftFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Matthew PhilipsDecember 4, 2014 at 12:58 PM UTCBookmarkSaveLock This article is for subscribers only.This article is part of the December 8, 2014 issue of businessweek.Chevron RightExpand 1998 U.S. Securities and Exchange Commission regulations open the door for electronic trading venues to become rivals to traditional stock exchanges.