M-ELO shows signs of better quote stability than other Nasdaq passive order types

Jun 11, 2018 7:00:00 AM

M-ELO, Nasdaq’s Midpoint Extended Life Order, is a new order type that is designed to attract longer term investors to interact with each other by trading against other M-ELO orders at the midpoint of the NBBO.

Read More

Clearpool Helps Close the Gender Gap in Computer Science with Girls Who Code

May 23, 2018 1:52:51 PM

Three years ago a dear friend sent me a link to an article. “This sounds up your alley,” she said. It was about an initiative to get high school girls into programming. As a female software engineer who went through her computer science classes surrounded by men, I was intrigued.

Read More

Clear Perspective - Choosing the Appropriate Incentive to Trade Matters

May 16, 2018 8:39:45 AM

Is there a tradeoff between execution fees and the execution performance delivered to my customer?

Read More

Venue Analysis Is More Than TCA

May 8, 2018 12:02:21 PM

Traders have always strived to attain high quality executions, but measuring execution quality is now more important than ever. 

Read More

Competitive Coding Spurs Creativity During Clearpool’s Development Team Hackathon

Apr 26, 2018 3:35:01 PM

Clearpool hosted its first development team hackathon this month, bringing together our team of technologists for a day dedicated to coding, creativity and complex problem solving. A few days prior to the hackathon, members of our software development and quantitative analysis teams were paired up and the eight teams began brainstorming ideas. The requirements for each team’s “hack” were that it benefit the company in some way and that they take only one day to come up with their proposed solution.

Read More

2018 Viewpoints on Market Microstructure from Clearpool's Founders

Feb 22, 2018 12:00:00 PM

The views of many broker-dealers are often underrepresented in the ongoing debate over market structure reform, but not understanding the impact that trading regulations may have on those broker-dealers can cause many unintended consequences. 

Read More

Access the NYSE Trading Floor with Clearpool

Feb 14, 2018 4:12:27 PM

In an environment where nearly all trading is done electronically, it’s important to consider the added benefits of human judgement and flexibility that floor brokers may offer.

Read More

An Opportunity to Attract On-Exchange Block Liquidity

Sep 19, 2017 2:52:50 PM

In our recent comment letter to the SEC, we are in support of NASDAQ’s proposed new order type the Midpoint Extended Life Order, AKA MELO. 

Read More

Collaboration and Best Execution

Jun 22, 2017 2:42:59 PM

Aligning technology and people can be a difficult task. Historically as technology is introduced in an industry it is done so at the expense of collaboration, as it attempts to streamline or make efficient the process it is intended to improve.

Read More

Open the Close

Jun 14, 2017 5:21:07 PM

Bats recently filed a proposal with the SEC to provide brokers with a market-on-close (MOC) order type that would provide them with the closing price auctions on the NASDAQ and New York Stock Exchange, for stocks listed on those exchanges, but with lower execution fees.

Read More

Subscribe to blog updates

Recent Posts