054: Rishi Narang – Components of a Black Box, Humans Versus Computers, and High Frequency Trading
Chat With Traders
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The Dark Pools of IEX
IEX is a dark pool which means it's an invitation only club effectively for doing transactions in exchange traded securities that will never hit the tape on each change. Dark pools do the public no good they give off no information they can have rules that are not actually that fair and so on. I would get rid of all that stuff at least I seriously take a look at it uh flat and rebates for liquidity provision they're currently tieredUh and finally vigorously prosecute insider deals Uh where a data vendor is giving special access or an exchange is givingspecial access to data or technology to one kind of player than another on the whole though Aaron I would say that it is absolutely to fly in
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