The Healthy Markets ATS Transparency initiative is a multi-pronged effort to enhance ATS disclosure practices, reduce conflicts of interest, and improve venue selection.
The Benchmark Integrity Initiative is focused at increasing transparency and reducing conflicts of interest.
The Best Execution initiative is focused on empowering brokers and investors to achieve better best execution in an increasingly complex marketplace.
The Concentration and Competition initiative is focused on ensuring that the markets are built on the premise of robust competition. We work to promote transparency, and level the playing field for smaller competitors.
The Market Data initiative is focused on decreasing complexity and cost, while increasing transparency, from market data and connectivity offerings.
The Order Routing Transparency initiative is focused on powering investors with more and better information on how their orders are handled and executed.
The Healthy Markets Research Institute is focused on promoting high-quality market structure research across a variety of asset classes and venues. Our Market Analytics Platform (MAP) provides unique resources for academics, market participants, and regulators to study key issues in market structure.