“Our goal is to arm institutional investors with unique data and analysis, as well as a public voice, in the hyper-technical world of market microstructure,” Gellasch, 37, said in an […]

The striking gap in odd-lot price improvement proves the value of disclosure, says Chris Nagy, who launched the trading-quality consultancy KOR Group, after running TD Ameritrade’s order-routing unit. “Next quarter, […]

“Far too many investors are already concerned that our critical trading technology infrastructure is held together by dangling wires and duct tape,” Dave Lauer, co-founder and chief technology officer of […]

“Nagy, who with KOR partner Dave Lauer founded the nonprofit market structure reform group Healthy Markets, said in January that all four of the SEC’s commissioners had told him they supported 605/606 […]

“Lauer (who has founded Healthy Markets, a nonprofit advocacy group for market structure reform) and others have described what is needed: take the data from the equities, futures, and options […]

“It’s about modernizing metrics and rules on how you measure market quality,” said David Lauer “If we all get together, we can push for reasonable reforms,” said Lauer. “We want to […]