Blog Category: Investment

Does Speed Kill

Does Speed Kill?

  By Don Ross Does speed kill?  Or more specifically, does the quest for ever-greater trading speeds kill resources that could be better dedicated—from the perspective of investors and listed companies—to other activities?  Six years after the publication of Michael Lewis’s Flash Boys, the question is still generating more heat than light. A new academic... Read more

Posted on: March 03, 2020

Instead Of Protection And Price Controls, Let’s Try Competition

The only thing actually disciplining exchange transaction and market data fees is SEC price-capping – not competition, argues PDQ CEO Donald Ross. But, he says, the industry doesn’t need lower price caps; it needs real competition. And we will only get that when the Order Protection Rule is repealed and exchanges are forced to compete... Read more

Posted on: October 26, 2018

If Stock Auctions Are So Great (and They Are), Let’s Do Them All Day Long

Stock auctions are front-page news – for good reason, says PDQ CEO Don Ross: Computerized auctions have the potential to improve the efficiency and integrity of global stock markets. Stock auctions are front-page news – the feature piece in the March 15 edition of the Wall Street Journal, to be exact. My firm being a... Read more

Posted on: March 26, 2018