Market Data Daze
Latest thoughts from the partners at GMAG https://www.tradersmagazine.com/departments/commentary/market-data-daze/
Latest Thoughts from GMAG on Market Structure
https://www.tradersmagazine.com/departments/buyside/lets-split-the-difference/
The Latest from Lou Pastina in Trader’s Magazine
http://e.tradersmagazine.com/news/ecns_and_exchanges/whats-exchanged-120184-1.html?ET=tradersmagazine:e4923:4217397a:&st=email Text View original article here
The Fact Book
The NYSE published the Fact Book for years. That handy little reference book outlined the general trends in the industry and at the NYSE. I always found it to be a useful tool to see what direction things were moving in. When the NYSE decided to stop publishing that annual report, SIFMA stepped in and [...]
Thoughts on Trading Volumes
https://www.marketsmedia.com/dog-days-of-summer/
Latency, Order Protection, Co-Location and Fair Market Access in the Cloud
One of Reg NMS’ major tenets of Regulation NMS (Reg. NMS) is the Order Protection Rule (“OPR”), known as Rule 611. In essence, it requires that market participants adopt, maintain and enforce policies and procedures reasonably designed to avoid trading through a better priced quote published by another market center. As a practical matter, the rule [...]
Technology’s Impact
http://www.rockawaytimes.com/index.php/columns/29-the-lazer-speaks/4964-be-careful-what-you-wish-for
Market Data for Retail
https://www.linkedin.com/pulse/market-data-retail-customers-kevin-trimble/?trackingId=vXiyytwciA6%2FL9t9v92fxw%3D%3D
Technology Thoughts from Lou Pastina
https://www.linkedin.com/pulse/alphabet-soup-lou-pastina/
The Hybrid Market: Ten Years After
by Louis G. Pastina and Daniel M. Labovitz It’s been ten years since the SEC radically overhauled the US equity markets through Regulation National Market System (NMS). Beyond merely modernizing markets, Reg NMS has fundamentally changed the way we trade. Reg NMS was born of the Commission’s desire to encourage competition and innovation among markets. [...]