Blog Category: Trends

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 And we will only get that when the Order Protection Rule is repealed and exchanges are forced to compete...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

Think Bitcoin’s Wild? Check Your Small Caps.

by Don Ross “Something that moves 20% [overnight] does not feel like a currency,” said Goldman Sachs CEO Lloyd Blankfein in November. “It is a vehicle to perpetrate fraud.” Bitcoin’s wild ride of late has drawn the attention of regulators and the scorn of titans of finance, ranging from Blankfein to Jaimie Dimon to Warren... Read more

Posted on: January 21, 2018