Market Structure Insights

March 30, 2010

Show me examples. When I was a fresh-faced goofy college kid, my Logic professor, who was Greek and credible with his Hellenic accent, would say that a thing was theory only until you provided examples in the real world. We hear that notion regularly. “So...

March 23, 2010

This formidable IRO says to me, “Quast, here’s the deal. You say rational, fundamental investment is a tiny fraction of trading now and we’re all bond servants to traders and risk managers who’re disconnected from traditional IR. If that’s the case, IR as we know...

March 16, 2010

You’re at your desk doing a last copy edit on the shareholder letter for the annual report. You glance at your daily trading, as IR folks do. You frown. You drink tepid Starbucks from yesterday and wince. For the third straight day your stock is...

March 9, 2010

Ever since I started ModernIR in early 2005 we’ve been hindered by one thing: me. That’s why I’m delighted to announce a dramatic expansion of the brain trust with the arrival of my brilliant bride, Karen Quast, later this month to head operations.

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March 2, 2010

My lovely bride Karen said, “Maybe you should be less negative in the Market Structure Map.” Only fort-two and I’m turning into a grousing old goat! I doubt many of you would disagree that I’ve sniped about the state of the markets the past few...

February 23, 2010

What do air travel and equity markets have in common? As background, we’re readying a comment letter for the SEC’s Concept Release on Equity Market Structure. Exciting stuff! (We heard your groans all the way here in crispy, crunchy Denver). Really, they did a good...

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