Market Structure Insights
July 18, 2012
For what struck me as a giant one-day life metaphor, I joined 2,500 other clinically insane individuals Sunday on Colorado’s hallowed cycling Triple Bypass (motto: “For Those Who Dare”). Coursing from Avon to Evergreen over 123 miles and a triune set of towering climbs totaling...
July 11, 2012
The recent SEC approval of plans by the NYSE to attract retail dark liquidity generated a nationwide acronym alert. Just kidding. Mostly. But acronyms in hordes do assault readers of the NYSE rule. It was not readily apparent that the filing had been composed in...
July 5, 2012
We’re a day late this week in deference to an important birthday yesterday. After 236 years, there are lines and age spots but the countenance still juts, resolute. Do people send you group emails sometimes with those images where if you stare at them, suddenly...
June 27, 2012
Here’s a riddle: Name a four-letter word that describes why currencies fluctuate and why money in equities modulates around options expirations and the ends of months and quarters. While you’re thinking about it, I’ll tell you a story. I was in freshman college speech one...
June 20, 2012
Thrilling. Arduous. Rewarding. Draining. Spectacular. No, not the Federal Reserve Open Market Committee meeting concluding today with a soliloquy before public microphones from the chairman. We mean our grand cycling adventure riding the Rockies on the high backbone of the fruited plain last week. After...
June 13, 2012
Our good friends Joe Saluzzi and Sal Arnuk, proprietors of Themis Trading and experts on market structure, have at last written a book about markets. They guest-blog today at the Market Structure Map. We’re out this week Riding the Rockies from Gunnison to Fort Collins,...