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Best Markets Ever

Advancing Secure Savings and Investment Through Innovation

At MMI, we bring together changemakers, technology companies, the savings community, academics, business leaders, and investors to promote thought leadership and educational outreach to promote the Best Markets Ever with prudent, forward-looking strategies and data-driven analysis

Latest News

  • February 6, 2018

    HFT Supplies Dependable Liquidity During Market Volatility

    In a market sell-off, as we saw on February 5th, automated traders including those called Designated Market Makers (DMMs) at the New York Stock Exchange and the largest market makers on Nasdaq used HFT tools to quickly stabilize the markets.  Many market makers have obligations to buy stocks when no one else wants to buy, and to sell when no one wants to sell.   These capital commitments of electronic market makers using HFT play a vital role in bridging the gap between supply and demand for a stock. 

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  • January 12, 2018

    Wall Street is embroiled in a war over data — and it’s having an impact on Americans’ savings

     (Published in  Business Insider on Jan. 12, 2018) –Exchanges are rapidly increasing the cost of their proprietary data feeds that traders need to compete in US markets, writes Kirsten Wegner, CEO of the Modern Markets Initiative. –Those costs are eating away at American retirement savings. –Regulators should require  exchanges to be more transparent about why […]

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  • November 17, 2017

    MMI Member Spotlight: GTS to Provide Technology for BNP to Access US $14 Trillion Treasuries Market, Pioneering New Type of Trading Alliance

    BNPP partners GTS for US Treasury trading Helen Bartholomew LONDON, Nov 15 (IFR) – BNP Paribas has partnered with electronic market-making firm GTS for US Treasury trading, cementing a new era of collaboration between banks and high-frequency trading firms in an increasingly electronic market where technology is providing the competitive edge. The tie-up, which represents […]

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  • August 11, 2017

    High-speed trading group elevates first female to role as CEO

    Sarah N. Lynch WASHINGTON (Reuters) – Modern Markets Initiative (MMI), a trade group representing several prominent high-frequency trading firms, announced the appointment on Wednesday of Kirsten Wegner as its new chief executive officer. Wegner, a former government relations director for the International Securities Exchange, is the first woman to serve as head of the relatively […]

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  • July 10, 2017

    Pensions & Investments: T. Rowe Price sees benefits of high-frequency trading

    Money managers and internally managed pension funds are expected follow T. Rowe Price, which started sending direct equity order flow to high-frequency trading firm Virtu in 2015. “The T. Rowe-Virtu deal is kind of like the canary in a coal mine, and the canary is doing pretty well,” said William R. Harts, CEO of Modern […]

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High Frequency Trading saves
investors money. Here’s how it works.

"…the positive overall effects of HFT on market quality are well-documented and appear by now pretty robust."

Evangelos Benos,The Bank of England