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That could place limits on derivatives trading, which has proven lucrative for commercial banks.
Ms Stewart is under investigation over alleged insider trading, which has caused shares in her eponymous company to collapse.
One of the men founded BitInstant, hitherto seen as the legitimate side of Bitcoin trading which has attracted a big investment from Cameron and Tyler Winklevoss.
Whatever the cause, the UBS trading losses are likely to rekindle the debate over proprietary trading, which has drawn increasing scrutiny from regulators since the financial crisis.
But computerized trading, especially rapid-fire trading, which has caused its own share of market mayhem, has other consequences as well.
The Europeans are not alone in their concern about high-speed computerized trading, which has led to several notorious market disruptions in recent years.
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Sales declined at Oriental Trading, which had 30 consecutive years of revenue growth before it was acquired by Carlyle, when consumers sharply curbed their spending in 2008.
Deutsche Bank also faces accusations of misconduct in foreign currency trading, which have led to lawsuits by clients who claim they lost money as a result.
They helped to increase liquidity by attracting some American and Asian funds that previously stayed away from Europe because of the cost of trading, which had kept equity volumes in Europe at a tenth of those in the United States.
Despite a sharp fall in the Chinese stockmarket after regulators acted to clamp down on speculative trading which had driven some of its recent gains, European markets are on the front foot once more.
A few high-profile prosecutions for insider trading (which had nothing to do with the last crash) have, of course, not changed Wall Street one bit.
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