

Boxes and Lines
Ronan Ryan, John Ramsay
In today's equity markets, the devil’s in the details. This is a podcast for traders, asset managers, and anyone who wants to understand the machinations, politics, and incentive structures underpinning our shared markets.
With irreverence and insight, IEX’s Ronan Ryan and John “JR” Ramsay hold court on market structure with Wall Street’s most savvy market practitioners, sharing their insiders’ view on how Wall Street really works. You'll never trade the same way again.
With irreverence and insight, IEX’s Ronan Ryan and John “JR” Ramsay hold court on market structure with Wall Street’s most savvy market practitioners, sharing their insiders’ view on how Wall Street really works. You'll never trade the same way again.
Episodes
Mentioned books

Feb 17, 2021 • 40min
Crypto Intro, with Frank Chaparro of The Block
Frank Chaparro, Director of News at The Block, stops by to school Ronan and JR on the latest topics in crypto and digital assets, including the maturation of Bitcoin, institutional adoption of cryptocurrencies, the regulatory outlook, and comparisons to “traditional markets.”

Feb 1, 2021 • 30min
The Future of Wall Street Culture, with Occupy A Job on Wall Street
The anonymous protagonist of the “Occupy a Job on Wall Street” stories and podcast joins Ronan and JR to discuss his career beginnings, how Wall Street has transformed over the years, and his predictions for the future of trading, automation, and more (recorded January 12).

Jan 19, 2021 • 35min
Macroeconomic Policy Under the Biden Administration, with Henrietta Treyz of Veda Partners
Henrietta Treyz, Managing Partner & Director of Economic Policy at Veda Partners, joins Ronan and JR to discuss the outlook for macroeconomic policy, legislation, buybacks, tariffs, and more in the Biden administration. Primary recording December 22, addendum recorded January 11.

Jan 4, 2021 • 36min
BONUS: Doug Clark of Credit Suisse on his STA National Interview with Brett Redfearn
Before the SEC announced he was stepping down as the Trading and Markets Director by the end of 2020, Brett Redfearn sat down (virtually) with Credit Suisse Managing Director and Head of Americas Market Structure Doug Clark at STA National. Doug joins Ronan and JR to break down that interview and Brett’s biggest accomplishments in the role (recorded October 14).

Dec 21, 2020 • 35min
2021 Regulatory Predictions with Chris Ekimoff and Kurt Wolfe of the PLI inSecurities Podcast
inSecurities podcast co-hosts Chris Ekimoff, Financial Investigations & Disputes Southeast Region Leader at RSM US LLP, and Kurt Wolfe, Regulatory Investigations & Enforcement Attorney at Troutman Pepper, join Ronan and JR to discuss potential areas of focus for the SEC in the Biden administration, including enforcement, buybacks, ESG – and of course, who might be sitting in the big chair at the SEC (recorded November 30).
Additionally, for more information or to donate to the nonprofits mentioned on the episode, please visit the Network for Victim Recovery of DC (nvrdc.org) and La Cocina VA (lacocinava.org).

Dec 21, 2020 • 51min
BONUS: JR Joins the PLI inSecurities Podcast
Check out our rebroadcast of this episode of PLI’s inSecurities podcast, in which hosts Chris Ekimoff and Kurt Wolfe chatted with our own JR and Dan Eisemann of MFS about innovation in equity market structure and the nuances of algorithmic and high-frequency trading.
Find more episodes of the inSecurities podcast and subscribe at pli.edu/insecurities.

Dec 14, 2020 • 25min
BONUS: Wall Street Culture with Arbitrage Andy
Arbitrage Andy continues the finmeme education of Ronan and JR, covering deal sleds, the fascination with notorious figures in finance, and the inspiration behind his pseudonym.

Dec 7, 2020 • 40min
Democratizing Fintech, with Mazy Dar of OpenFin and Tim Baker of IEX Cloud
Mazy Dar, Co-Founder and CEO of OpenFin, joins Ronan, JR, and Tim Baker of IEX Cloud to discuss modernizing the desktop experience in finance, the new IEX Cloud Gateway app, and what it means to democratize app distribution.

Nov 23, 2020 • 34min
When the Buyside Outsources, with Dave Dalzell and Lance Meyerowich of Dalzell Trading, Brian Moran of FLX Distribution
David Dalzell, CEO and Founder of Dalzell Trading, Lance Meyerowich, Chief Revenue Officer of Dalzell Trading, and Brian Moran, CEO and Founder of FLX Distribution, join Ronan and JR to talk about the reasons buyside firms consider outsourcing aspects of their trading and distribution functions, how COVID is forcing everyone to try an “outsourced” model, and the keys to successful partnership.

Nov 12, 2020 • 1h 8min
BONUS: Volatility and the Election with Mike Green of Logica Capital (Live Recording)
On the afternoon of Election Day, November 3, Mike Green, Portfolio Manager and Chief Strategist at Logica Capital joined us for a live discussion about the growth of passive investing and what it means for the heterogeneity of the market and volatility.