In this episode the host John Siracusa chats with Joe Wald, co-founder and the CEO of Clearpool Group.  Today’s capital markets play on 13 stock exchanges and 40+ off-exchange venues like dark pools.  Which makes markets opaque.  Bringing transparency in this example is a difficult technical feat.  The effect dark pools have on the market ismassive yet not commonly known.  Sometimes stock values drop even when a company’s current public performance and profile is in strong standings.  How could that happen? Sometimes, this is what dark pools do. Millions of shares are bought and sold in these pools and those trades aren’t recorded in public forums until the institution who manages the dark pool releases that information.  Clearpool gives traders complete control and total transparency into the nuances of these complex trading strategies. They even give traders the ability to customize their own algorithms and design them to deliver best execution quality to investors around the world.

Subscribe now on iTunes, Stitcher, Spotify and iHeartRadio to hear next Tuesday’s episode with Lindsay Holden from Long Game.

 

About the host:

John is the host of the twice-weekly “Bank On It” podcast recorded onsite at offices of Carpenter Group, a creative services agency focused on the financial services industry. He’s a highly sought after fintech, VC and financial services industry enthusiast and connector. He’s in the center of the fintech ecosystem, keeping current with the ever-innovating industry.