Why Is ModernIR's Technology Relevant In Today's IR World?

Investor relations is changing, but you don't have to take our word for it:

"IR executives need to learn all they can about the quantitative stock selection and electronic trading processes, so they can explain to management...why the company's stock is behaving differently from the way it has before."
Lou Thompson, former CEO of NIRI
"The market structure we've ended up with is great for trading, but it's not great for investing."
Duncan Niederauer, NYSE President
"If you think the last couple of years of market structure shifts have been hard to keep up with, in the words of Bachman, Turner, Overdrive, "'You ain't seen nothin' yet.'"
Robert Hegarty, Managing Director, TowerGroup
"After years of increasing demands for more transparency about corporate results and practices — most of which have been met — there remains a fundamental disconnect in shareholder relations: many investors are simply anonymous."
CFO Magazine
"If your investor relations department continues to practice in a traditional manner — especially in this rapidly changing investment environment — it will become increasingly irrelevant."
Lou Thompson, former CEO of NIRI
"The rise of this automated trading is causing a significant re-think in IR circles. Black box trading taken together with Exchange traded funds and basket trading are examples of processes where the stock can be bought without the thorough analysis of the underlying equity story of an individual company. This is causing a re-evaluation of traditional IR practices, as direct contact with institutional investors to profile the investment opportunity becomes redundant."
Mark Hynes, Transparency Matters
"More and more of the world's trading is done by spraying dark orders across multiple destinations using deliberately complicated patterns and algorithmic models that can't be discovered or duplicated. No one knows who's doing what to whom anymore."
Dan Mathisson, Credit Suisse managing director
"Uncertainty makes people trade; they change their minds a lot. It forces more frequency of trades and adjustments to strategy. Dark pools benefited from the sub-prime fallout because algorithms, rather than humans, were making decisions. Algorithms are less driven by fear and more by best execution, best venue, best fills. They have changed the nature of order flow."
Tim Mahoney, Chief Executive Officer, Bids Trading
"The studies suggest that there is no necessary correlation between the average trade size in the public markets and the efficiency of trading for institutional investors. Rather, the use of algorithms and other sophisticated trading strategies that search out the most efficient venues for executing different types of orders has enabled large investors not merely to deal with highly active, automated markets, but to benefit from them."
Erik R. Sirri, Director, Division of Trading and Markets,
U.S. Securities and Exchange Commission

What People Are Saying...

Mary Jensen - Douglas Emmett Inc. (NYSE:DEI)
Vice President - Investor Relations
Equity Analysis™ subscriber since June 2007

"Understanding why your stock goes up or down isn't easy today. Our specialist can't tell me much about what's behind electronic trading, and sometimes half or more of our volume executes away from the exchange. To keep tabs, I've got relationships with traders, bankers, and analytics personnel at the stock exchanges. And Equity Analysis from ModernIR. ModernIR alone clusters volume to highlight what prime program traders are doing, where speculation is occurring, and how our market structure changes when real investors are behind order flow. When my management team can differentiate between rational and speculative market behavior, they're more effective."

More testimonials >>