In The News

Empty seats at regulators hold back Trump bid to undo Dodd-Frank

April 5, 2017

“Many are waking up now to the reality that two Democratic commissioners at two little regulators may stand in the way,” said Tyler Gellasch, a former aide to Stein who’s now executive director of the Healthy Markets Association, whose members include mutual funds and other large investors. “They don’t get to write the rule, but […]

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Shining Light on Order Routing

February 17, 2017

Healthy Markets Association Executive Director, Tyler Gellasch discusses latest efforts the association has undertaken with its Broker/Dealer questionnaire in this Markets Media article available here.

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Amazon Gets New Foothold in Stock Market Tracking, After a Miss

February 15, 2017

Amazon.com Inc., which last month missed out on helping build a database to track more than 50 billion U.S. stock orders a day, just got a consolation prize: a smaller version of the project for academics. The Healthy Markets Association is developing a tool to examine stock trading with Amazon Web Services, the Seattle-based company’s […]

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Healthy Markets Association Announces Expansion and Launch of the Healthy Markets Research Institute’s Market Analytics Platform

February 15, 2017

Today, the Healthy Markets Association, an investor-focused not-for-profit coalition focused on improving the capital markets, announced the addition of three new members, as well as the launch of its groundbreaking Market Analytics Platform. The platform, which is a project of the Healthy Markets Research Institute (HMRI), is expected to be operational in Q2 2017. Healthy […]

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SEC Rules could cut number of alternative trading systems

January 25, 2017

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

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Thesys chosen to build equity market surveillance system

January 18, 2017

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

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Order Routing Under the Microscope

November 23, 2016

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 […]

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Healthy Markets Releases Order Routing Questionnaire  

November 22, 2016

In recent years, Congressional hearings, best-selling books, press reports, and regulatory investigations have shined a spotlight on brokers’ order routing practices. As a result, investors are increasingly questioning and seeking to better understand how their orders are routed and executed. At the same time, regulators are looking to empower investors with more information, including through […]

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IEX: US equity market upstart has to prove slow is best

June 20, 2016

“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 […]

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SEC decision on new stock exchange imminent

June 17, 2016

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 […]

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