Angel investor, crypto trader, recovering rates trader, market structure enthusiast, and wine lover. I founded the Trading Places Newsletter and Direct Match.
GX2 Spread Markets, a Chicago broker-dealer, will begin offering customers execution…
Late last night, a class action lawsuit was filed against the largest primary dealers in the U.S. Treasury market. Full disclosure: Direct…
Today’s newsletter recounts the history of Island’s trading technology. The 20-year old architecture is used at dozens of Wall Street firms…
The U.S. Department of the Treasury published its eagerly anticipated second report on the Trump administration’s “Core Principles” on financial regulation. As a reminder, those Core Principles were defined in the original…