Phantom Liquidity and the Monopoly on Data Feeds
Featuring Ronan Ryan
Published on: July 5th, 2019 • Duration: 46 minutesRonan Ryan, President of IEX, delivers a highly candid snapshot detailing the fragmentation of the current equity market structure and the perverse incentives of the other stock exchanges. Ronan reveals why the stock exchanges’ pricing on data feeds has led to a market where much of the equity market liquidity may be phantom. Filmed on June 10, 2019 in New York, NY.