See the latest insights, metrics, commentary and more from the team at Luminex®.
Mar 26, 2018
The TRADE News: The Big Interview – Jonathan Clark
CEO at Luminex Trading & Analytics, Jonathan Clark, discusses block trading trends, his time on the buy-side and the decision to add conditional orders to Luminex’s platform. To read the full Q&A, click here.
In the most recent FINRA data, Luminex experienced the highest average trade size in both the 10K+ AND $200K+ and 10K+ categories, 52,406 and 51,351 shares respectively, which was far higher than the combined average for all ATS venues.
Time of Day & Marketability: Missed trading opportunities … Part 2
We continue with our recent discussion of missed trading opportunities at Luminex focusing on two common requests for more information: 1) tell us when during the trading day missed opportunities occurred and 2) measure lack of marketability (limit prices) in basis points versus cents per share.