Market Structure Insights
April 24, 2013
We assume investors know how markets work. What if they don’t? Patrick Armstrong, new president of the Securities Traders Association of New York (STANY), told Traders Magazine yesterday that the buyside has been absent from the market-structure debate. What debate? If you joined the IR...
April 17, 2013
You’ve heard that bit of cowboy wisdom on how to double your money? Fold it over and put it back in your pocket. I hear folks wanting cowboy wisdom on market structure. What do I need to grasp? In that sense, this could be the...
April 10, 2013
Palo Alto is a great town. While there sponsoring IR Magazine’s West Coast Think Tank last week we feasted at Evvia and Fuki Sushi. Denver’s got fine sushi. Our Sushi Den on South Pearl Street flat demoralizes Bryant Park’s Koi. Proprietors Toshi and Yasu Kizaki...
April 3, 2013
Do sharks belong in the ocean? You might reply, “They certainly don’t belong on land.” But that’s not what I mean. This isn’t a lesson on catachresis or other obscure grammatical and rhetorical principles, rest assured. But speaking of speaking, if you’re joining IR Magazine...
March 27, 2013
I dare you. Ever say that as a kid? “I’ll give you a dollar if you—” (fill in the blank) Last week the SEC approved a plan by the NASDAQ for sponsors of ETFs trading less than a million shares daily – 93% of ETFs...
March 20, 2013
“I get out and meet investors. Tell the story. The rest is noise.” That’s what an IRO I’ve known since the 1990s said last week over a web meeting about Market Structure Analytics. Speaking of which, we’ll be discussing this notion with two investor-relations officers...