Home » Market Structure » Mary Jo White:1 Flash Boys: 0

Mary Jo White:1 Flash Boys: 0

Matt Levine, Bloomberg View, SEC Will Keep Thinking About High Frequency Trading, here.

Securities and Exchange Chair Mary Jo White gave a big speech today about market structure and high frequency trading in which she said that the SEC is planning to do a lot of looking into things. For my money the most important sentence in her speech is this:

For institutional investors, the costs of executing large orders, measured in terms of price, were more than 10 percent lower in 2013 than in 2006.

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