@STA_National Timely discussion from CODA's Jason Wallach as the 2020 Nobel Prize for Economic Sciences has been awarded to Paul R. Milgrom and Robert B. Wilson “for improvements to auction theory and inventions of new auction formats.” Well done!
"We need to take a look at that order book, that continuous price/time model, and address some of the inherent vulnerabilities that come along with it as speed increases. An auction model can help and make things fair." - Jason Wallach @CODA_Markets at #STAVirtualConference
CODA hopes you and your loved ones are staying safe & healthy. When you’re ready to take a respite from virus-related articles, our CEO Don Ross wrote this piece exactly one year ago and it is more relevant than ever: https://t.co/qNKCJJ1Wv8
#FlashbackFriday#FlattenTheCurve
SEC enables immediate effectiveness of proposed rule change to facilitate NYSE electronic auctions in light of temporary closure of physical trading floor https://t.co/vLSdlb6PG4
CODA's Don Ross shares his thoughts on HFT, Latency Arbitrage, the SIP, "speed bumps", Auctions and more.
https://t.co/mR9viGozRM
#auctions#latencyarbitrage#equities#trading
Thanks for the recognition, @daveweisberger !
Happy to discuss our innovative on-demand auctions with anyone interested in learning more.
https://t.co/ALjlEmvoOJ
@TabbFORUM @iressUK That said, innovations such as CODA Block, which does not disclose the size or side, but triggers an auction with minimal information leakage, make a lot of sense for individual equities. The trick is to minimize info leakage while maximizing access to available liquidity.