Market Structure Insights
July 26, 2017
It’s 8am Eastern Time and you’re in a conference room. Earnings season. Executives around the table. The serious ones in suits and ties like usual. Others in shorts or jeans. Everybody reading the call script one more time. “You think we’ll get that question about...
July 19, 2017
How do you set realistic expectations about your shares for management? I’ll give you examples. One of our clients had a cyberattack and disclosed the impact, a material one degrading expected quarterly results. What to expect? Shares are up on strong volume. That’s great but...
July 12, 2017
Texas is booming. We road-tripped it June 28-July 6, giving y’all a break from market structure. We rolled the I35 corridor from frenzied Frisco north of Dallas, to Austin, now home to 950,000 people, to San Antonio, the fastest-growing Texas city last year, pushing 1.5...
June 28, 2017
Here’s a riddle for you: What’s long and short at the same time? Your shares, public companies (investors, the shares of stocks you own too). You saw that coming, right. The problem is you don’t know who’s long or short. Let me rephrase that. You...
June 21, 2017
The days are getting shorter. We’ve passed the longest one of 2017, Summer Solstice. Imperceptibly now the sun will move off its zenith. Karen and I marked it here in Minneapolis before the NYSE’s Rich Barry and I talk market structure for the Edison Electric...
June 14, 2017
Florida reminded us of high-speed traders. I’ll explain. An energized audience and the best attendance since 2012 marked NIRI National, the investor-relations annual confab held last week, this year in Orlando. We spent the whole conference in the spacious and biggest-ever ModernIR booth right at...