Hosted by Peter Haynes, Head of Index and Market Structure Research, Bid Out is a made in Canada podcast series that explores market structure issues impacting trading and portfolio management globally.
The monthly series interviews industry leaders and experts across the entire spectrum of capital markets to understand trends and recent developments shaping capital markets.
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Hosted by Peter Haynes, Head of Index and Market Structure Research, Bid Out is a made in Canada podcast series that explores market structure issues impacting trading and portfolio management globally.
The monthly series interviews industry leaders and experts across the entire spectrum of capital markets to understand trends and recent developments shaping capital markets.
In Conversation with a Market Structure Lifer – Brett Redfearn
Bid Out with Peter Haynes
1 hour 34 seconds
1 year ago
In Conversation with a Market Structure Lifer – Brett Redfearn
If you are looking to learn about a recent market structure developments in the US, then take the next hour and listen to one of the US market's leading experts, Brett Redfearn. We touch on all of the important issues of the past few years including market data reform, the new Texas Stock Exchange, and current hot buttons regarding access fees, tick increments, and best ex and order competition. Brett's resume is second to none in the US market structure space, with experience as an exchange executive, a market structure analyst for JP Morgan, heading up Trading and Markets at the SEC, working for a crypto exchange, and now as a consultant to participants in all areas of capital markets. He pulls no punches in this episode, including his take on winners and losers post exchange demutualization.
This podcast was recorded on July 19, 2024.
Guest: Brett Redfearn, Founder & CEO, Panorama Financial Markets Advisory
Chapter Times:
05:58 - The Texas Stock Exchange
10:02 - The Never Ending CAT Debate
14:39 - Impact of Supreme Court Ruling on Chevron
19:18 - Brett's Mission on Market Data
27:56 - The Concept of Platform Theory
37:23 - Tick Increments and Access Fees
45:00 - Impact of Decimalization on NBBO
50:20 - Best Ex and Order Competition
56:09 - Is the Market Better Off With Demutualized Exchanges?
Bid Out with Peter Haynes
Hosted by Peter Haynes, Head of Index and Market Structure Research, Bid Out is a made in Canada podcast series that explores market structure issues impacting trading and portfolio management globally.
The monthly series interviews industry leaders and experts across the entire spectrum of capital markets to understand trends and recent developments shaping capital markets.