Podcast appearances and mentions of Brad Katsuyama

Bienvenidos a Salud Financiera. Un programa diario dónde puedes aprender y preguntar sobre finanzas personales y mercados financieros.En este episodio #248 te cuento la historia de Brad Katsuyama y la creación de IEX. También analizamos los datos de las empresas de asesoramiento financiero en España No te pierdas nada de nuestra comunidad: https://linktr.ee/misaludfinancieraCurso de ETFs disponible en https://go.hotmart.com/U91482169YCurso de Fondos disponible en https://hotmart.com/es/marketplace/pr...Puedes enviar tus preguntas al email preguntas.saludfinanciera@gmail.com o el teléfono 614239639.Enlaces de Interés- https://en.wikipedia.org/wiki/Brad_Katsuyama- https://www.iex.io/about- https://www.bloomberglinea.com/mundo/estados-unidos/ha-escuchado-hablar-de-los-dark-pools-bienvenido-a-las-salas-privadas-de-wall-street/Colaboradores del PodcastBit2Me: http://bit.ly/3Wjr4NB Recibe 15€ en Bitcoin con tu primera compraextraETF: https://bit.ly/extraetfUno de los Mejores Screeners de ETFs en EuropaCronología00:00 Introducción02:20 La historia de Brad Katsuyama28:30 Análisis de la industria de asesoramiento financiero en España 

Should the fastest always win the race? That was the question IEX founder Brad Katsuyama found himself asking when he realized high frequency traders were manipulating the system by using faster connections to profit at the expense of others. Determined to create a fair market for all investors, Brad risked everything to launch his own exchange. When one of the world's largest high frequency trading firms stepped in to try to stop Brad in his tracks, he turned to Hogan Lovells to help in his fight for fairness. This is the story of Citadel v. SEC.See omnystudio.com/listener for privacy information.

Eric Balchunas, Bloomberg's Senior ETF Analyst joins us for a conversation about his journey and discoveries in the course of writing "The Bogle Effect: How John Bogle and Vanguard Turned Wall Street Inside Out and Saved Investors Trillions." Eric has a unique perspective as a senior ETF analyst at Bloomberg Intelligence, having researched and analyzed the Bogle Effect extensively. He is able to combine his data with interviews with Jack Bogle himself and over 50 people who knew him well, including Warren Buffett, Micheal Lewis, Cathie Wood, Cliff Asness, John Bogle Jr., Brad Katsuyama, Gus Sauter and Jason Zweig.One of Balchunas' big takeaways is the revelation that passive investing and index funds are not to blame for the rise of passive investing, as they would not have been a big deal without Vanguard's structure, in the first place.The Bogle Effect is a biography, analysis, and how-to guide with Balchunas as your tour guide. Through his experiences and insights, Balchunas helps investors and professionals understand the ways that Vanguard and Bogle have impacted the industry.“He commandeered trillions of dollars, and he only made a few million himself. In the history of Wall Street, the ratio of money touched to money taken was never so high.”- Michael Lewis==================================Where to find Eric Balchunas==================================Eric Balchunas on TwitterEric Balchunas on LinkedinTrillions Podcast (Bloomberg)Trillions Podcast (Apple)The Bogle Effect: How John Bogle and Vanguard Turned Wall Street Inside Out and Saved Investors Trillions==================================Where to find the Raise Your Average crew:==================================ReSolve Asset ManagementReSolve Asset Management BlogMike Philbrick on LinkedinRodrigo Gordillo on LinkedinAdam Butler on LinkedinPierre Daillie on LinkedinJoseph Lamanna on LinkedinAdvisorAnalyst.com============================"You don't have to be brilliant, just wiser than the other guys, on average, for a long time." Charlie MungerWelcome to Raise Your Average, our deep dive journey into learning from the people and process behind the world of investing. Through conversations with leaders in the investments game, we peel back the layers of the onion on how these holders of the keys to the kingdom allocate their time, their energy, and their dollars. We are all students and we are all teachers. We are the average of the 5 people we spend the most time with. Come hang out with us for a while and raise your average, as we raise ours.Music credit: In Hip Hop, Paul Velchev (8MJZA6T3LK)

'Flash Boys': Swimming In The Dark Pools With The Sharks

When Brad Katsuyama was working on Wall Street, he saw that the stock exchanges were giving an unfair advantage to high-frequency traders that was costing his clients - pension funds, mutual funds and hedge funds. Worse still, the exchanges were making huge profits from selling this advantage. His response was to create the Investors Exchange, a stock exchange founded on the premise that people want to trade on a fair platform that doesn't provide advantages to predatory traders. In this episode of the Georgian Impact Podcast, Jon and Brad discuss how Brad broke the mold to create an exchange that is founded on building trust between all participants.   You'll hear about: How unfairness in high-frequency trading led to the founding of IEX How exchanges work and how they are incentivized How IEX has built a different type of exchange based on trust Why trust is opening doors to new revenue streams   Who is Brad Katsuyama? Brad Katsuyama is the CEO and co-founder of the IEX, the Investors Exchange. He co-founded IEX to create a fairer stock exchange. Katsuyama is the focus of Flash Boys, a Michael Lewis book about high-frequency trading. Before founding IEX, he was the Global Head of Electronic Sales and Trading at the Royal Bank of Canada. There he was responsible for electronic sales, electronic trading, algorithmic trading, market structure strategy, client implementation and product management. To learn more about IEX and their business, visit their website or check out the best-selling Michael Lewis novel Flash Boys: A Wall Street Revolt. You can read more about Georgian's investment in IEX here. To learn more about the fundamental principles of trust and how they can help your business, check out our Principles of Trust and download the CEO's Guide to Trust.

Wall Street is an industry mired in tradition and regulations. It has been a crucial part of America’s economy since its inception in 1792, less than 20 years after the signing of the Declaration of Independence. So how do you change an entire system that has spent hundreds of years defining its values? For Brad Katsuyama, CEO of the Investors Exchange (IEX), the solution was simple; build an entirely new system. IEX was created in 2012 by Brad and his co-founders to serve as an alternative to the existing stock exchanges like NASDAQ and the New York Stock Exchange. The goal of IEX was simple, to level a playing field that has been rigged for over 200 years to favor a few privileged power brokers. In this interview, Brad and Chad discuss how IEX is using new technologies to help investors and what they’re doing to make investing and the stock exchanges fair and straightforward for everyone, not just the elite. Mission Daily and all of our podcasts are created with love by our team at Mission.org We own and operate a network of podcasts, and brand story studio designed to accelerate learning. Our clients include companies like Salesforce, Twilio, and Katerra who work with us because we produce results. To learn more and get our case studies, check out Mission.org/Studios. If you’re tired of media and news that promotes fear, uncertainty, and doubt and want an antidote, you’ll want to subscribe to our daily newsletter at Mission.org. When you do, you’ll receive a mission-driven newsletter every morning that will help you start your day off right!

As CEO, Brad oversees both the long-term strategic direction of IEX and its day-to-day management. As a former head risk trader and head of electronic trading at RBC Capital Markets, he is hands-on in the development of the products and services that IEX builds for clients.Katsuyama was one of the co-founders of IEX in 2012 after their team uncovered ways that the existing stock exchanges were selling high speed technology and data to the detriment of long-term investors. Katsuyama and his team’s pursuit of a fairer market has been chronicled in Michael Lewis’ book Flash Boys, as well as in outlets ranging from 60 Minutes to the New York Times Magazineand Bloomberg Markets. Katsuyama was honored as part of New York Times Dealbook’s inaugural class of Groundbreakers.

Brad Katsuyama was a star trader at the Royal Bank of Canada until he left to start his own stock exchange after the financial crisis. Find out how he came up with a plan to leave his job and why new employees should take the lunch order seriously.

Brad Katsuyama never considered himself a maverick, or entrepreneur. He had a cushy job at the Royal Bank of Canada, but he became alarmed the more he learned about high frequency trading, where computers can trade a bunch of stocks in a fraction of a second. He felt so strongly that it was harming the market that he left to create his own exchange – the Investor’s Exchange – where this type of trading is prohibited. Investors can trade stocks from other exchanges on IEX, with the idea that it’s a level playing field. As CEO, Katsuyama has become the face of IEX, and became the face of the bestselling book "Flash Boys," by Michael Lewis.

Imagine you are heading to the shops and someone steals your shopping list. Then they race ahead and bought all the goods ahead of you, forcing you to buy your shopping from them at a higher price. That is what is happening to ordinary share traders like pension funds. When they go to buy some shares, they find high frequency traders have snapped them up nanoseconds before them and want to sell them at a higher price. These traders now account for the majority of all trades on major stock markets. David Grossman explores the rights and wrongs of this new world with Brad Katsuyama, CEO of IEX, a new stock exchange which wants to clamp down on high frequency traders, and Professor Donald MacKenzie of the University of Edinburgh.

Brad Katsuyama's blood pressure levels were "out of control" and he decided to make a significant change in his life. The Canada native left his job at Royal Bank of Canada, began a regular meditation practice and started IEX, a stock exchange that took on predatory high-speed trading and was the subject of Michael Lewis' best-selling book, "Flash Boys: A Wall Street Revolt."

Brad Katsuyama is the CEO of IEX, the newest stock exchange in the U.S. Katsuyama made a big splash when he outed the traditional exchanges for their practice of high-speed trading, that to his mind ultimately hurt the everyday investor. Hear Katsuyama share the latest about IEX, his daring choice to start a new stock exchange and his thoughts on whether regulation is a good or bad thing.

My guest this week is Brad Katsuyama, the founder of the IEX exchange and protagonist of Michael Lewis’s famous book Flash Boys, which chronicled the role of high frequency trading in markets. This conversation was yet another reminder of how complicated markets can be, and that very few participants know all aspects of the process well. Brad and I get deep into the history behind his company, and the ways in which markets and exchanges have evolved, better or worse.  One of my favorite parts of this conversation was our exploration of entrepreneurship. Brad’s whole story is one that entrepreneurs will appreciate, and is full of lessons for those aspiring to start their own business. Please enjoy my conversation with Brad Katsuyama   For more episodes go to InvestorFieldGuide.com/podcast. To get involved with Project Frontier, head to InvestorFieldGuide.com/frontier. Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub. Follow Patrick on Twitter at @patrick_oshag   Books Referenced Flash Boys: A Wall Street Revolt   Show Notes 2:10 – (First Question) Brad’s original discovery of a latency problem in trading stocks 12:51 – how the business model of the NASDAQ and exchanges and how it may surprise people  14:16 – The edge that exchanges are now monetizing  16:46 – How Brad went from finding a solution to his current firm  20:18 – Types of high frequency traders that there are  24:33 – The formation of IEX  27:56 – Funding IEX 30:48 – What happens to the initial funding 32:30 – Describe what IEX is as it was sold to early buy side investors  34:31 – Explaining the concept of a speedbump  38:18 – Pitching companies so they will be listed on their index  40:37 – Explains maker-taker fees  44:47 – The sources of revenue for IEX vs traditional exchanges  46:53 – Most memorable meeting Brad has had in establishing IEX  49:39 – How did he do this with young kids? 52:38 – Has the pool of potential profits that high-frequency trading firms can earn gone down 53:53 – What has Brad most excited about the future in terms of helping the buyside 55:17 – What was it like to see Brad’s venture get turned into a best-selling book. (Flash Boys: A Wall Street Revolt) 59:00 – Biggest thing that Brad has learned 1:00:56 – What would Brad do if he couldn’t work in the investing world. 1:02:25 - Kindest thing anyone has done for Brad          Learn More For more episodes go to InvestorFieldGuide.com/podcast.  Sign up for the book club, where you’ll get a full investor curriculum and then 3-4 suggestions every month at InvestorFieldGuide.com/bookclub Follow Patrick on twitter at @patrick_oshag

Founder and bad-ass Brad Katsuyama explains how he stood up to unfair trading practices on Wall Street, by starting a new stock exchange, IEX, with the mission of protecting the everyday investor. We will also hear from actress and founder Jessica Alba, on how her childhood illness inspired her billion-dollar startup as well as lessons learned from running a business.

Brad Katsuyama has racked up oceans of newspaper ink since being propelled into the public spotlight as the protagonist of Michael Lewis's book on high-frequency trading, Flash Boys. The 38-year-old co-founder and chief executive of IEX, an exchange with a 'speed bump' designed to slow down lightning-fast traders on behalf of longer-term investors, won U.S. regulatory approval in June. In this special edition of Odd Lots, Katsuyama speaks with Bloomberg View Columnist Matt Levine about the next big steps in stock market structure. (Corrects episode number in headline)

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.

IEX is an alternate trading platform whose mission is to ensure fair trading in the US equity capital market system. IEX was launched specifically to counter the behavior of high frequency traders who take advantage of the information arbitrage made possible by electronic trading. Prior to starting IEX, Brad worked at Royal Bank of Canada […]

Brad Katsuyama with Rev. David H. Kim - IEX CEO and co-founder Brad Katsuyama discusses the unique position of finding oneself confronted with an entire industry's hidden brokenness.The subject of Michael Lewis' acclaimed book Flash Boys, Katsuyama discusses how his sense of calling was shaped by having a certain sense of vision that disrupted "a system that didn't want to change.

Mar. 15 (Bloomberg) -- Bloomberg View columnist Barry Ritholtz interviews Brad Katsuyama, President and Chief Executive Officer of IEX Group, formerly the Global Head of Electronic Sales and Trading at RBC Capital Markets. They discuss dark pools. This interview aired on Bloomberg Radio.