AI Who? It’s All About Market Microstructure with Shelley Eleby of BMO Capital Markets
Jan 9, 2024
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Shelley Eleby, Head of Marketing for Electronic Trading at BMO Capital Markets, discusses the importance of market microstructure, her skepticism towards AI, and the value of diversity in finance. She shares advice for women in the industry: know your product deeply and always ask 'why'.
Market microstructure is a crucial aspect in electronic trading marketing, presenting opportunities for evolving strategies and configurations.
Diversity and representation in the finance industry, specifically the inclusion of women and people of color, are essential for expanding perspectives and voices in the field.
Deep dives
Shelley Elleby's Background and Career Journey
Shelley Elleby, managing director and head of marketing electronic trading at BMO Capital Markets, shares her career journey from direct marketing to financial technology business. She emphasizes the importance of knowing your product and asking why to deliver quality outputs.
The Role of Market Microstructure in Marketing Strategies
Elleby discusses the significance of market microstructure in marketing for electronic trading platforms. She highlights the opportunities presented by market microstructure evolution and shares an example of marketing a subdollar algo configuration.
The Impact of Data Analytics in Marketing
Elleby emphasizes the importance of data analytics in shaping marketing strategies. She mentions utilizing CRM, email metrics, and quant team collaboration to deliver targeted and valuable content to clients.
Promoting Diversity and Inclusion in Finance
Elleby advocates for more diversity and representation in finance industry panels and events. She emphasizes the need for increased representation of women and people of color, and highlights the importance of expanding the pool of voices and perspectives.
Shelley Eleby, Managing Director and Head of Marketing for Electronic Trading at BMO Capital Markets, joins Ronan and JR to talk strategy and the key to strong branding in an era of shrinking screen sizes and attention spans. An industry veteran, Eleby discusses her wariness of AI and the “shiny penny” effect it seems to be having across all aspects of business, including finance. Eleby and BMO’s focus is, instead, on market microstructure, an area where the company is experimenting to understand how new trading tactics play out in real markets. She reflects on her career journey, the role of corporate culture, and the importance of diversity in finance. Her advice for women in the industry: know your product deeply and always ask 'why.' Recorded December 7, 2023.
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