Healthy Markets Executive Director Tyler Gellasch discusses improved ATS-N disclosures in Pension & Investments available here.

Healthy Markets Executive Director Tyler Gellasch discusses the current state of the Consolidated Audit Trail system in this Financial Times article available here.

The Healthy Markets Association, an industry organization focused on market transparency and integrity, has released an order-routing due-diligence checklist. The 200-item questionnaire, which is available to members and non-members, spans issues that include general firm information, technology, order-routing strategies, venue monitoring, conflict and leakage, third-party relationships, as well as treatment of non-directed orders. Continue reading […]

“IEX has the potential to greatly improve equity trading, but the proof will be in the prints,” says Tyler Gellasch, executive director of Healthy Markets, a non-profit group focused on market structure reform. “If IEX protects investors and reduces investors’ trading costs, then investors and brokers may flock to it, and other venues may recognise […]

IEX’s solution, Macey said, is to put a kind of speed bump along the motorcyclists’ or the high-speed traders’ paths so they can’t make such a maneuver. “So they’re not going to be at a distinct advantage they might be on many of the other current exchanges and other venues,” said Tyler Gellasch, executive director […]

“The SEC has increasingly allowed for-profit exchanges to engage in activities to benefit their bottom lines,” said Tyler Gellasch, a former Democratic SEC staffer who is now head of a trade group for asset managers. “The IEX application is forcing the SEC to look at what it allows exchanges to do, and justify why all […]

“Any time an exchange wants to do something significantly different, it’s likely to come under a lot of scrutiny and take a long time,” said Tyler Gellasch, executive director of investor trade group Healthy Markets. Continue reading on Bloomberg