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Keeping it Simple on the Road | Ep. 5: What's Priced In? The Evolving Role of Media in Financial Markets.

Keeping it Simple with Simplify Asset Management

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The New York Stock Exchange

"I embrace the technological change, but there's also a genuine loss of the ability to advance in this industry," he says. "The rules around that are not the same as they were 20 years ago." The SEC decided on what I call price time priority: You have to provide the best price. But after that, suppose everyone has the best price? Well, then it's whoever gets there first,. And that's why high frequency trading came to exist.

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