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
Every party has that guest that shows up "fashionably" late. 😏😏😏
In all seriousness, we're excited to welcome @acorns to the NASCAR family. Great to see another fintech company driving our sport forward!
The buy sides need for liquidity has been the driving force behind many innovations from automated IOIs to continuously traded dark pools. @CODA_Markets Block Auction product is a new innovation, and the data suggests that many traders should consider it https://t.co/lvssCy66zC
Q&A With Don Ross: Can Equity Markets Benefit From Auctions? Ross Looks To Disrupt The Markets With On-Demand Auctions For Stocks, Just Like The Good Ole Days - John Lothian News (JLN) https://t.co/ACJBIKEQL3
CODA's Don Ross comments on the SEC Roundtable regarding Equity Market Structure for Thinly-Traded Securities. Read his letter here: https://t.co/bAPqne8Ezn
The analysis is in, proving why CODA Block has been awarded BEST NEW BLOCK TRADING PRODUCT. "...the CODA Block platform could be a valuable tool for trading institutional size with little or no downside and potentially large benefits." @ViableMkts https://t.co/wUq3OiUeWI
As a tool in a traders arsenal, CODA Block auctions can provide access to valuable liquidity without significant info leakage. Particularly for small cap stocks, it is something buy side traders should consider. https://t.co/AkbfFw2Ef6
Worth reading book by @BennSteil, but equally worth reading the review written by an academic grand strategist (Paul Kennedy) on the most famous instance of applied grand strategy (the Marshall Plan): https://t.co/J7ykTW3tDS prin @WSJ
Thank you to our entire community of supporters - founders, LPs, advisors, and family for allowing us to do what we do. We’re forever grateful.
https://t.co/FFqQgOclzp
https://t.co/R83dSjz2m3
@billyburu@daveweisberger in stats I saw - for sm caps - < 2bp move in px on avg 60 secs after print and avg size >3,500 shrs for sm cap. much larger for larger caps
@billyburu@ltabb Luminex share reflects small network & niche, while Coda Block needs firms to rediscover value of Block liquidity & change their workflow
@billyburu@ltabb Big difference: Lumimex is a closed institutional network; CODA is a NEW, open system to connect many participants to find block liquidity
In the majority of stocks, institutions want liquidity; Coda provides a clever way to aggregate it without leaking buy or sell intent https://t.co/GdRsm4RcGy