What is Payment for Order Flow, and Why Should Investors Care?
Watch this short video to learn how brokers often put their own profits ahead of their customers.
In The News
Barrons – In a story about Coinbase staking tokens, Healthy Markets Executive Director Tyler Gellasch is quoted saying “Even just […]
Washington Post – In a story about crypto regulation, Healthy Markets Executive Director Tyler Gellasch is quoted saying “there is […]
Investment News – In a story about The SEC’s rulemaking roster, Healthy Markets Executive Director Tyler Gellasch is quoted throughout […]
WSJ – In a story about the U.S. Senate putting Cryptocurrency to the CFTC which would then need to develop […]
Politico Pro – In a story about Coinbase listing securities on its exchange, Healthy Markets Executive Director Tyler Gellasch is […]
Key Initiatives
Concentration and Competition The capital markets are built on the premise of robust competition. In recent years, however, rapid concentration […]
ATS Transparency Initiative: Improving Transparency and Venue Selection Alternative Trading Systems (ATSs) have grown to become integral sources of liquidity […]
Benchmark Integrity Initiative: Managing Risks and Conflicts of Interest Millions of investors have placed trillions of dollars into investment products […]
Public Markets Initiative: Promoting Robust Capital Markets Healthy Markets is working to restore the depth and breadth of the US […]
Best Execution Initiative: Improving Transparency and Reducing Costs With the proliferation of technology-driven trading, it is more important than ever […]
Market Data Initiative: Addressing Conflicts of Interest, Complexity, and Costs Congress and regulators have long espoused the public’s need for […]
Order Routing Transparency Initiative: Improving Transparency, Broker Selection, and Execution Quality In recent years, Congressional hearings, best-selling books, press reports, […]
KEY COMMUNICATIONS WITH REGULATORS, CONGRESS, AND THE ADMINISTRATION: Healthy Markets regularly submits comment letters on regulatory filings and proposals. Here are the most recent – August 16, 2022 Healthy Markets Association together with the CFA Institute write to urge the Commission to propose rules or guidance to enhance oversight of third parties that provide investment […]
Read MoreHealthy Markets is an investor-focused non-profit buy-side coalition looking to educate market participants and promote data-driven reforms to market structure. Our members have come together behind one basic principle: