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title: Clearpool Group Blog
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.
---

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## [Change is Inevitable & We Continue to Innovate Along the Way](https://info.clearpoolgroup.com/blog/change-is-inevitable-we-continue-to-innovate-along-the-way)

Apr 7, 2025 12:47:22 PM

[![](https://info.clearpoolgroup.com/hubfs/Clearpool_Timeline_feature-1.png)](https://info.clearpoolgroup.com/blog/change-is-inevitable-we-continue-to-innovate-along-the-way)

*While things have changed* (more venues, more dark trading, proliferation of trajectory crosses, and electronic trading growth globally), *some* *things have remained the same* (performance, execution quality, and service matters).

[Read More](https://info.clearpoolgroup.com/blog/change-is-inevitable-we-continue-to-innovate-along-the-way)

## [The Growth in Odd Lot Trading](https://info.clearpoolgroup.com/blog/the-growth-in-odd-lot-trading)

May 6, 2021 4:30:00 PM

[![](https://info.clearpoolgroup.com/hubfs/The%20Growth%20in%20Odd%20Lot%20TradingB.png)](https://info.clearpoolgroup.com/blog/the-growth-in-odd-lot-trading)

Odd lots have become both more popular and more pervasive. They’re a point of discussion in the retail world, and the institutional world is examining them on the regulatory front. In this blog post, we investigate the increase in odd lot trading, attempt to isolate the source of growth and quantify the impact.

[Read More](https://info.clearpoolgroup.com/blog/the-growth-in-odd-lot-trading)

## [Institutional 606 – Opening a Window on Execution](https://info.clearpoolgroup.com/blog/institutional-606-opening-a-window-on-execution)

Oct 30, 2020 11:45:00 AM

[![](https://info.clearpoolgroup.com/hubfs/Guest_Blogger_Shane%20Swanson.png)](https://info.clearpoolgroup.com/blog/institutional-606-opening-a-window-on-execution)

In mid-2020, Securities and Exchange Commission (SEC) Rule 606(b)(3) came into full implementation. Rule 606(b)(3) (aka “Institutional 606”) adds an impressive data source for the buy side to help them navigate the increasingly complex world of order-routing analysis, execution quality review, conflict of interest management, and information leakage minimization. However, the information contained in the Institutional 606 reports is only delivered upon request by the buy side, so the question has to be asked – will the buy side be looking to the sell side to provide these reports?

[Read More](https://info.clearpoolgroup.com/blog/institutional-606-opening-a-window-on-execution)

## [M-ELO Take 2](https://info.clearpoolgroup.com/blog/m-elo-take-2)

Oct 12, 2020 4:30:00 PM

[![](https://info.clearpoolgroup.com/hubfs/Blog/M-ELO%20Take%202%20v2.jpg)](https://info.clearpoolgroup.com/blog/m-elo-take-2)

Two years ago, we wrote a blog post, [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), concluding M-ELO was a viable option for midpoint liquidity because of its lasting quote stability post-execution compared to other Nasdaq midpoint order types.

[Read More](https://info.clearpoolgroup.com/blog/m-elo-take-2)

## [Boost Liquidity Capture with Dynamic Liquidity Awareness](https://info.clearpoolgroup.com/blog/boost-liquidity-capture-with-dynamic-liquidity-awareness)

Sep 8, 2020 4:30:00 PM

[![](https://info.clearpoolgroup.com/hubfs/Blog_Liquidity%20Awareness.png)](https://info.clearpoolgroup.com/blog/boost-liquidity-capture-with-dynamic-liquidity-awareness)

A critical component that determines an algorithm’s success in sourcing liquidity is how it rebalances—or decides which venues to route to based on where it already sent orders and received fills. Many algorithms claim to "intelligently" source liquidity but still rely on static previous-fills heatmap data. However, if you use a genuinely dynamic Liquidity Awareness Signal, it's possible to achieve a nearly **500% improvement in hit rates for midpoint orders**\*.

[Read More](https://info.clearpoolgroup.com/blog/boost-liquidity-capture-with-dynamic-liquidity-awareness)

## [Transparency, Conflicts & Best Ex: Where Do We Go From Here?](https://info.clearpoolgroup.com/blog/transparency-conflicts-best-ex-where-do-we-go-from-here)

Jul 29, 2020 4:30:00 PM

[![](https://info.clearpoolgroup.com/hubfs/Blog/Blog_STAPodcastRecap.png)](https://info.clearpoolgroup.com/blog/transparency-conflicts-best-ex-where-do-we-go-from-here)

Concerns about conflicts of interest have long been top of mind for players in the equity trading space. There's been no shortage of discussion around protecting the interests of end-investors and rooting out conflicts in broker routing. Much of the industry's regulation aims to address those conflicts, including the SEC's proposed Transaction Fee Pilot. Had the pilot received approval, it would have studied how exchanges' pricing may create conflicts of interest for broker-dealers, which in turn may harm investors.

[Read More](https://info.clearpoolgroup.com/blog/transparency-conflicts-best-ex-where-do-we-go-from-here)

## [Observations After a Halt](https://info.clearpoolgroup.com/blog/observations-after-a-halt)

Apr 28, 2020 3:48:59 PM

[![](https://info.clearpoolgroup.com/hubfs/MWCB%20Blog_Social.jpg)](https://info.clearpoolgroup.com/blog/observations-after-a-halt)

For the first time in 20 years, we witnessed a Level 1 cross-market trading halt on March 9, 2020. It was followed by three more days where the Level 1 market-wide circuit breakers (MWCB) were triggered and the markets halted due to significant market declines with the potential of exhausting market liquidity.

[Read More](https://info.clearpoolgroup.com/blog/observations-after-a-halt)

## [A Word from Our Founders](https://info.clearpoolgroup.com/blog/a-word-from-our-founders-bmo)

Jan 22, 2020 10:00:00 AM

[![](https://info.clearpoolgroup.com/hubfs/Blog/Blog_Founders-1.jpg)](https://info.clearpoolgroup.com/blog/a-word-from-our-founders-bmo)

We are tremendously excited to share the [news](https://clearpoolgroup.com/news/clearpool-group-inc-agrees-to-be-acquired-by-bmo-financial-group/)that Clearpool has agreed to be acquired by BMO!

[Read More](https://info.clearpoolgroup.com/blog/a-word-from-our-founders-bmo)

## [Sometimes You Trade Slow Sometimes You Trade Quick](https://info.clearpoolgroup.com/blog/sometimes-you-trade-slow-sometimes-you-trade-quick)

Dec 3, 2019 4:59:26 PM

[![](https://info.clearpoolgroup.com/hubfs/iStock-1134867308%20%5BConverted%5D.jpg)](https://info.clearpoolgroup.com/blog/sometimes-you-trade-slow-sometimes-you-trade-quick)

The title of a recent blog post, “[How Fast Should You Trade](https://www.nasdaq.com/articles/how-fast-should-you-trade-2019-11-07)”, brought me back to the early ’90s and one of my favorite rap songs, “Sometimes I Rhyme Slow Sometimes I Rhyme Quick”, by Nice and Smooth.

[Read More](https://info.clearpoolgroup.com/blog/sometimes-you-trade-slow-sometimes-you-trade-quick)

## [Data, Data Everywhere: Takeaways from International Trader Forum](https://info.clearpoolgroup.com/blog/data-data-everywhere-takeaways-from-international-trader-forum)

Oct 17, 2019 12:43:03 PM

[![](https://info.clearpoolgroup.com/hubfs/Takeaways%20from%20the%20ITF%20Conference%20in%20Madrid.jpg)](https://info.clearpoolgroup.com/blog/data-data-everywhere-takeaways-from-international-trader-forum)

The massive amount of market data available in the current day is both a boon and a burden. More information can lead to making smarter decisions, but does the glut of data lead somewhat to paralysis by analysis?

[Read More](https://info.clearpoolgroup.com/blog/data-data-everywhere-takeaways-from-international-trader-forum)

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