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And unusually for a chief executive, he became a core member of the group that traded using the firm's money.
Islam insisted to Business Insider: "I traded using my plan and didn't go astray and followed the cardinal rule of minimizing losses and maximizing profits.
Prosecutors have also argued that whatever research Mr. Rajaratnam may have been studying was irrelevant if the hedge fund manager traded using inside information.
In Asia, where gas is largely traded using a system of long-term contracts tied to the price of oil, prices are high.
Mr. Brown said that companies like Dell and Elan, whose stocks SAC traded using inside information, were victims in the case.
Bertelsmann will lend Napster an undisclosed sum to help develop the tracking technology that would permit labels and artists to be compensated for the music traded using Napster's service.
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The Datek Online Holdings Corporation, the Internet broker, began letting customers trade using decimal pricing beginning this week.
The commission provided a safe harbor for insiders, though, with the option to trade using prearranged plans.
KBW had a weak performance in its principal trading unit, which trades using the bank's own capital, amid wildly swinging markets.
Read more about how to trade using the five-day moving average in Larry Connors' trading primer, "How to Find the Best Stocks to Trade Every Day".
But you don't have to be a day trader to appreciate $9.99 trades, fast executions, streaming real-time quotes and the ability to trade using decimals.
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