--- title: Clearpool Group Blog (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/) ## [It's the Season of Equity Market Microstructure](https://info.clearpoolgroup.com/blog/its-the-season-of-equity-market-microstructure) Sep 30, 2019 4:30:00 PM [![](https://info.clearpoolgroup.com/hubfs/Viewpoints%20blog%20post%20header-1.jpg)](https://info.clearpoolgroup.com/blog/its-the-season-of-equity-market-microstructure) As we enter the season of market structure conferences, we are sharing Clearpool's annual Market Structure [Viewpoints](https://info.clearpoolgroup.com/hubfs/Clearpool%20Group%20Viewpoints%20-%20September%202019%20FINAL.pdf)—our view of some of the most pressing equities market microstructure matters that support transparency and fair and equitable access to our markets. [Read More](https://info.clearpoolgroup.com/blog/its-the-season-of-equity-market-microstructure) ## [Rebalancing Takes the Right Rebalancing Act](https://info.clearpoolgroup.com/blog/rebalancing-takes-the-right-rebalancing-act) Sep 9, 2019 4:30:00 PM [![](https://info.clearpoolgroup.com/hubfs/Blog/Blog_Rebalance.png)](https://info.clearpoolgroup.com/blog/rebalancing-takes-the-right-rebalancing-act) By definition, rebalancing—also known as reloading—is an algorithm's ability to dynamically respond to source additional liquidity based on its assessment of the liquidity landscape after its baseline route to the “Street”. [Read More](https://info.clearpoolgroup.com/blog/rebalancing-takes-the-right-rebalancing-act) ## [Clearpool’s Summer Symposium Reveals Latest Buy and Sell Side Dynamics](https://info.clearpoolgroup.com/blog/clearpools-summer-symposium-reveals-latest-buy-and-sell-side-dynamics) Jul 15, 2019 12:00:00 PM [![](https://info.clearpoolgroup.com/hubfs/Events/Knickerbocker_Image.png)](https://info.clearpoolgroup.com/blog/clearpools-summer-symposium-reveals-latest-buy-and-sell-side-dynamics) The traditional relationship between the buy side and the sell side is in flux. With factors such as the unbundling of research and execution dollars, the democratization of equities trading technology offerings, and new and more dynamic regulatory requirements, the usual paradigm between brokers and clients has been drastically changed. Brokers’ clients have evolving needs and they face shifting challenges, which necessitates a corresponding change in how the sell side serves them. So, in this new landscape, what traits does the buy side look for in their brokers, and how do brokers differentiate themselves and demonstrate unique value? [Read More](https://info.clearpoolgroup.com/blog/clearpools-summer-symposium-reveals-latest-buy-and-sell-side-dynamics) ## [Clearpool Awarded Best Algorithmic Trading Provider](https://info.clearpoolgroup.com/blog/clearpool-awarded-best-algorithmic-trading-provider) Jul 11, 2019 3:49:48 PM [![](https://info.clearpoolgroup.com/hubfs/WatersAwardBlog1200.png)](https://info.clearpoolgroup.com/blog/clearpool-awarded-best-algorithmic-trading-provider) Clearpool was awarded **Best Algorithmic Trading Provider** at the 17th annual Waters Rankings that took place at the Manhattan Penthouse on July 10, 2019. Accepting the award at the ceremony, Brian Schaeffer, Clearpool's Co-Founder and President, said "We are humbled and honored to receive this recognition. This is a testament to all the hard work the dedicated team at Clearpool has put in to bring our truly unique trading solutions to market." [Read More](https://info.clearpoolgroup.com/blog/clearpool-awarded-best-algorithmic-trading-provider) ## [The Moment You Know Nothing](https://info.clearpoolgroup.com/blog/the-moment-you-know-nothing) Jun 25, 2019 4:58:04 PM [![](https://info.clearpoolgroup.com/hubfs/Capture-3.png)](https://info.clearpoolgroup.com/blog/the-moment-you-know-nothing) As a college student, I have found that undergraduate internships often serve as the stepping stone to a successful career. Every student dedicates lots of time to perfecting their resumes and sharpening their interview skills in order to land their ideal internship. Getting hired as an intern at a firm that you admire or in a role that fits your desired career path is an exciting feeling, and you are eager to expand your network, learn from your mentors, and contribute value to your team. [Read More](https://info.clearpoolgroup.com/blog/the-moment-you-know-nothing) ## [Clearpool Recognized by Markets Media as Best Algorithmic Trading Company](https://info.clearpoolgroup.com/blog/clearpool-recognized-by-markets-media-as-best-algorithmic-trading-company) Apr 29, 2019 8:00:00 AM [![](https://info.clearpoolgroup.com/hubfs/MCA_BlogHeader.jpg)](https://info.clearpoolgroup.com/blog/clearpool-recognized-by-markets-media-as-best-algorithmic-trading-company) On April 25th, 2019, Clearpool was named “Best Company” in the Algorithmic Trading Category as part of the [2019 Markets Media Choice Awards](https://www.marketsmedia.com/2019-markets-choice-award-winners-announced/). Accepting the award on behalf of Clearpool, founders Joe Wald, Brian Schaeffer and Ray Ross are excited to celebrate such an honor, noting that Clearpool wouldn’t be what it is today without the dedication of the broader team.  [Read More](https://info.clearpoolgroup.com/blog/clearpool-recognized-by-markets-media-as-best-algorithmic-trading-company) ## [Knowing is Half the Battle](https://info.clearpoolgroup.com/blog/knowing-is-half-the-battle) Apr 3, 2019 4:30:00 PM [![](https://info.clearpoolgroup.com/hubfs/knowing%20is%20half%20the%20battle-1.jpg)](https://info.clearpoolgroup.com/blog/knowing-is-half-the-battle) If you remember GI Joe, you may also recall every episode ending with GI Joe saying, “Knowing is half the battle.” The idea put forth was that “knowing” was the impetus of change. Change that would lead to a better outcome because of the lesson that was learned. [Read More](https://info.clearpoolgroup.com/blog/knowing-is-half-the-battle) ## [Five Keys to Becoming a Top ‘Execution Consultant’](https://info.clearpoolgroup.com/blog/five-keys-to-becoming-a-top-execution-consultant) Jan 28, 2019 4:30:00 PM [![](https://info.clearpoolgroup.com/hubfs/Blog_5%20Keys-1.png)](https://info.clearpoolgroup.com/blog/five-keys-to-becoming-a-top-execution-consultant) The rise of electronic and algorithmic trading has irrevocably changed how the financial markets operate. Equity markets have been known to be almost [entirely electronic](https://www.businessinsider.com/wall-street-traders-at-risk-from-rise-of-computers-2016-8) since 2015. Moreover, according to Greenwich Associates, [over 90% of equity flows](https://www.thetradenews.com/brokers-predict-surge-buy-side-demand-customised-algos/) are executed electronically in liquid, developed markets like the U.S. It’s no secret that floor trading has dwindled. Just take a look at the floor of the New York Stock Exchange. When I was a specialist, there were thousands of traders and market makers on the floor of the exchange, but in the past decade or so that number has dropped to only a few hundred. [Read More](https://info.clearpoolgroup.com/blog/five-keys-to-becoming-a-top-execution-consultant) ## [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) [Previous](https://info.clearpoolgroup.com/blog/page/1) [All posts](https://info.clearpoolgroup.com/blog/all) [Next](https://info.clearpoolgroup.com/blog/page/3) ### 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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