Commentary

Steve Grob
Traders Magazine Online News

The Periodic Table

Fidessa's Steve Grob has written a response to Marcus Ferber writing to ESMA condemning periodic auctions. The blog strongly criticizes Ferber's approach, and looks at the problems behind the "lit is good and dark is bad" attitude.

Traders Poll

Do you think that NY AG Schneiderman's probe into crypto exchanges will curtail growth and trading?



Free Site Registration

December 11, 2017

VIDEO: WIF 2017 Winner Susan Estes

Disruptor of the Year: Susan Estes, OpenDoor Trading?

Susan Estes, OpenDoor Trading -- Disruptor of the Year. Speaking at Markets Media's 2017 Women in Finance Awards luncheon https://marketsmedia.com

Disruptor of the Year is for the person who has most shaken up the space they work in.

Our winner co-founded an all-to-all, session-based trading platform to fill the liquidity vacuum for off-the-run US Treasuries and Treasury Inflation-Protected Securities. A 35-year veteran of capital market structure, she took her firm live in April 2017, and in the first five months, received more than $130 billion in orders and matched multiple billions in trades.

The winner has disrupted by introducing a new market structure that transitioned a portion of the market from an incumbent risk-intermediary model, to a riskless-principal model, where buy side matches with buy side and sponsor-dealers settle trades but do not take risk.

Our Disruptor of the Year is Susan Estes of OpenDoor Trading LLC.

Full information and a list of Winners can be found at http://marketsmedia.com/event/women-finance-awards-luncheon/

view on YouTube