075: Dan Aisen – The Mechanics of a Dark Pool, and a Quest to Make Markets “Fair” w/ IEX Co-Founder
Chat With Traders2 Kesä 2016

075: Dan Aisen – The Mechanics of a Dark Pool, and a Quest to Make Markets “Fair” w/ IEX Co-Founder

For this episode, I had the great pleasure of speaking with Dan Aisen—one of the co-founders of IEX, and one of Forbes’ 30 Under 30 in Finance (2015). Dan got his start at RBC where he developed their flagship execution algorithm, THOR. This was also where he met and worked under Brad Katsuyama—one of the other co-founders and CEO of IEX, who was heavily profiled in Flash Boys. As many of you may already know, IEX is an Alternative Trading System (ATS), or more commonly referred to as a dark pool. However, they’re currently in the midst of filing for exchange status. During our talk, I asked Dan more about the projects he worked on at RBC, how IEX went from nothing more than an idea to an operating trading venue, and why they’re on a quest to make markets “fair”. We also discuss the “speed bumps” which have been implemented at IEX, the mechanics of dark pools, and general chat about the broader market structure. [FREE: An unreleased interview with trader, Peter Brandt] Peter’s been a market speculator for 45+ years, and is undeniably one of the greats. Listen to his wisdom in our second interview—available here only. Learn more about your ad choices. Visit megaphone.fm/adchoices

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146: Ryan Moffett, Tyler Micalove & Wayne Klump – When Trading Becomes a Team Sport...

146: Ryan Moffett, Tyler Micalove & Wayne Klump – When Trading Becomes a Team Sport...

On this episode, I’m joined by three traders from a data-driven, options trading, performance based fund, Blackpier Capital… Ryan Moffett, the Lead Investment Manager—and a prior guest on Episode 83. ...

11 Loka 20171h 24min

145: Aaron Fifield – Six Ways to Emulate Talented Traders

145: Aaron Fifield – Six Ways to Emulate Talented Traders

Here’s the first episode in the history of Chat With Traders podcast, where I don’t have a guest with me. That’s because, this episode is the recording of a talk I gave at Noosapalooza 2017—a trading ...

5 Loka 201744min

144: Tim Steenstrup – Learn an Arbitrage Strategy Used by Professional Stock Traders

144: Tim Steenstrup – Learn an Arbitrage Strategy Used by Professional Stock Traders

Since 2013, Tim Steenstrup has been a cross-border arbitrage trader at Conventus Capital. Though markets have been a part of his life going back to 1994; Tim’s been part of a brokerage firm in Japan, ...

29 Syys 201752min

143: Michael Kimelman – Convicted of Insider Trading—From Suburban Life to Prison Life

143: Michael Kimelman – Convicted of Insider Trading—From Suburban Life to Prison Life

You’re about to hear a first-hand account from someone who’s been on a wild ride through the U.S. justice system. My guest is Michael Kimelman; a former prop trader and hedge fund manager who was conv...

21 Syys 20171h 14min

142: Bert Mouler – Using Creative Thought and Automation to Bypass Human Flaws

142: Bert Mouler – Using Creative Thought and Automation to Bypass Human Flaws

It was exactly 100-episodes ago when I first had Bert Mouler on the podcast. This week, I’m joined by him again for a second interview… Bert is an algorithmic trader with a serious focus on machine le...

14 Syys 20171h 11min

141: Erik Townsend – Software Millionaire Fooled by ‘The Dream’ and Saved by Global Macro

141: Erik Townsend – Software Millionaire Fooled by ‘The Dream’ and Saved by Global Macro

Featuring on this episode is former software entrepreneur turned hedge fund manager, Erik Townsend. I’m sure some will already be quite familiar with Erik—in particular the macro investing crowd, as E...

6 Syys 20171h 34min

140: Jimmy Soni – The Life and Times of Genius Problem Solver, Claude Shannon

140: Jimmy Soni – The Life and Times of Genius Problem Solver, Claude Shannon

My guest on this episode is Jimmy Soni—who, with his co-author Rob Goodman, recently wrote the biography of Claude Shannon, titled; A Mind at Play. Shannon was born in 1916 and became one of the forem...

31 Elo 20171h 17min

139: Bobby Cho – Making Way for the 'Whales' of Cryptocurrency Markets

139: Bobby Cho – Making Way for the 'Whales' of Cryptocurrency Markets

Bobby Cho is a cryptocurrency trader at Cumberland Mining—which is a company of DRW Trading. Ever since getting involved in financial markets, during 2008, he has gravitated towards mostly illiquid/di...

24 Elo 201742min

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