--- title: Clearpool Group Blog | Clearpool (2) description: Clearpool's blog is a place where we share our perspectives on financial markets, market microstructure, algorithmic trading and more. Subscribe to get insights delivered straight to your inbox. (2) --- Menu [Clearpool Group](https://clearpoolgroup.com) [Clearpool Group](https://clearpoolgroup.com) - [Solutions](https://clearpoolgroup.com/solutions/) - [AMS](https://clearpoolgroup.com/solutions/algorithmic-management-system/) - [CES](https://clearpoolgroup.com/solutions/clearpool-executions-services/) - [EMS](https://clearpoolgroup.com/solutions/execution-management-system/) - [Insights](https://clearpoolgroup.com/insights/resources/) - [Resources](https://clearpoolgroup.com/insights/resources/) - [Videos](https://clearpoolgroup.com/insights/videos/) - [Blog](https://info.clearpoolgroup.com/blog) - [Company](https://clearpoolgroup.com/about/) - [About](https://clearpoolgroup.com/about/) - [Team](https://clearpoolgroup.com/about/team/) - [Careers](https://clearpoolgroup.com/about/careers/) - [Recent Press](https://clearpoolgroup.com/about/recent-press/) - [Press Releases](https://clearpoolgroup.com/about/press-releases/) - [Contact](https://clearpoolgroup.com/contact-us/) - [Login](https://client.clearpoolgroup.com) - [Request a demo](https://clearpoolgroup.com/request-a-demo/) ## Clearpool ### Recent Posts ## [Are We All Insane?](https://info.clearpoolgroup.com/blog/are-we-all-insane) Sep 17, 2018 7:33:23 AM [![](https://info.clearpoolgroup.com/hubfs/samethinking_sameresults.jpg)](https://info.clearpoolgroup.com/blog/are-we-all-insane) The definition of insanity is doing the same thing over and over again and expecting a different result. [Read More](https://info.clearpoolgroup.com/blog/are-we-all-insane) ## [Antiquated Rule Can Result in Inferior Execution Quality](https://info.clearpoolgroup.com/blog/antiquated-rule-can-result-in-inferior-execution-quality-your-blog) Sep 13, 2018 2:17:56 PM [![](https://info.clearpoolgroup.com/hubfs/iStock-Update_Blog%20.jpg)](https://info.clearpoolgroup.com/blog/antiquated-rule-can-result-in-inferior-execution-quality-your-blog) SEC Rule 10b-18 sets the requirements for corporate stock buybacks and the rule’s “safe harbor,” which allows companies to purchase their shares in the open market without concern that their activities could later be deemed to be manipulative under the law.  One of the requirements of the Rule 10b-18 safe harbor is that brokers buying stock for an issuer must buy at a price that is no greater than the higher of the last independent bid price or the last sale price. [Read More](https://info.clearpoolgroup.com/blog/antiquated-rule-can-result-in-inferior-execution-quality-your-blog) ## [M-ELO Shows Signs of Better Quote Stability Than Other Nasdaq Passive Order Types](https://info.clearpoolgroup.com/blog/m-elo-shows-signs-of-better-quote-stability-than-other-nasdaq-passive-order-types) Jun 11, 2018 7:00:00 AM [![](https://info.clearpoolgroup.com/hubfs/M-ELO%20Nasdaq%20passive%20order%20type%20chart%20-%20QS.png)](https://info.clearpoolgroup.com/blog/m-elo-shows-signs-of-better-quote-stability-than-other-nasdaq-passive-order-types) 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](https://info.clearpoolgroup.com/blog/m-elo-shows-signs-of-better-quote-stability-than-other-nasdaq-passive-order-types) ## [Clear Perspective - Choosing the Appropriate Incentive to Trade Matters](https://info.clearpoolgroup.com/blog/clear-perspective-choosing-the-appropriate-incentive-to-trade-matters) May 16, 2018 8:39:45 AM [![](https://info.clearpoolgroup.com/hubfs/Clear_Graph_v2.png)](https://info.clearpoolgroup.com/blog/clear-perspective-choosing-the-appropriate-incentive-to-trade-matters) Is there a tradeoff between execution fees and the execution performance delivered to my customer? [Read More](https://info.clearpoolgroup.com/blog/clear-perspective-choosing-the-appropriate-incentive-to-trade-matters) ## [New Year. New Brand. New Voice.](https://info.clearpoolgroup.com/blog/new-year-new-brand-new-voice) Jan 11, 2017 4:35:00 PM [![](https://info.clearpoolgroup.com/hubfs/Blog_Founders-1.jpg)](https://info.clearpoolgroup.com/blog/new-year-new-brand-new-voice) As we embark upon 2017, we are excited to unveil our new brand identity with the launch of our new website and logo. [Read More](https://info.clearpoolgroup.com/blog/new-year-new-brand-new-voice) ## [Capture the Order Flow](https://info.clearpoolgroup.com/blog/capture-the-order-flow) Jan 11, 2017 3:53:03 PM [![](https://info.clearpoolgroup.com/hubfs/Blog_ideas_worth%20Sharing.jpg)](https://info.clearpoolgroup.com/blog/capture-the-order-flow) Algorithmic Management Systems enable broker-dealers to solidify buy side relationships and capture order flow.For the last several years, the buy side has been shifting their trading flows from the bulge-bracket firms... [Read More](https://info.clearpoolgroup.com/blog/capture-the-order-flow) ## [Clearpool Gives Voice to Sell Side Broker Dealers Regarding Access and Connectivity Fees](https://info.clearpoolgroup.com/blog/clearpool-gives-voice-to-sell-side-broker-dealers-regarding-access-and-connectivity-fees) Jan 11, 2017 3:32:59 PM [![](https://info.clearpoolgroup.com/hubfs/Blog_ShiningLightonMarketMicroStructure.jpg)](https://info.clearpoolgroup.com/blog/clearpool-gives-voice-to-sell-side-broker-dealers-regarding-access-and-connectivity-fees) As an independent agency broker-dealer, and provider of tools to assist other broker-dealers in routing, execution, pre- and post-trade compliance and risk monitoring, we have a significant interest in ensuring that the fees exchanges charge for access and connectivity services are fair and equitable, and allow for the most orderly, efficient and competitive markets possible. [Read More](https://info.clearpoolgroup.com/blog/clearpool-gives-voice-to-sell-side-broker-dealers-regarding-access-and-connectivity-fees) [Previous](https://info.clearpoolgroup.com/blog/author/clearpool/page/1) [All posts](https://info.clearpoolgroup.com/blog/all) ### Subscribe to blog updates ### Recent Posts ### Posts by Topic - [Market Microstructure (19)](https://info.clearpoolgroup.com/blog/topic/market-microstructure) - [Corporate (5)](https://info.clearpoolgroup.com/blog/topic/corporate) - [Financial Markets (5)](https://info.clearpoolgroup.com/blog/topic/financial-markets) - [Differentiation (4)](https://info.clearpoolgroup.com/blog/topic/differentiation) - [Clear Perspective (3)](https://info.clearpoolgroup.com/blog/topic/clear-perspective) - [Clearpooligan Culture (3)](https://info.clearpoolgroup.com/blog/topic/clearpooligan-culture) - [Venue Analysis (2)](https://info.clearpoolgroup.com/blog/topic/venue-analysis) - [Execution Consultant (1)](https://info.clearpoolgroup.com/blog/topic/execution-consultant) see all - [Solutions](https://clearpoolgroup.com/solutions/) - [Algorithmic Management System](https://clearpoolgroup.com/solutions/algorithmic-management-system/) - [Venue Analysis](https://clearpoolgroup.com/solutions/venue-analysis/) - [Clearpool Execution Services](https://clearpoolgroup.com/solutions/clearpool-executions-services/) - [Insights](https://clearpoolgroup.com/insights/resources/) - [Resources](https://clearpoolgroup.com/insights/resources/) - [Videos](https://clearpoolgroup.com/insights/videos/) - [Blog](https://info.clearpoolgroup.com/blog) - [Company](https://clearpoolgroup.com/about/) - [About](https://clearpoolgroup.com/about/) - [Team](https://clearpoolgroup.com/about/team/) - [Careers](https://clearpoolgroup.com/about/careers/) - [Recent Press](https://clearpoolgroup.com/about/recent-press/) - [Press Releases](https://clearpoolgroup.com/about/press-releases/) - [Contact](https://clearpoolgroup.com/contact-us/) - [Request a demo](https://clearpoolgroup.com/request-a-demo/) [Clearpool Group](https://clearpoolgroup.com) [LinkedIn](https://www.linkedin.com/company/4805615) © 2020 Clearpool is the brand name for the Electronic Trading Technology Platform of BMO Financial Group | Clearpool Execution Services, LLC (Member FINRA and SIPC) is a wholly owned subsidiary of BMO Financial Group and an affiliate of Bank of Montreal, BMO Harris Bank N.A. 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