This week's free post is live - I recap Ken Griffin's interview at the Economic Club of Chicago, the return of volatility ETFs, 24 hour trading, and more. Thanks for reading!https://frontmonth.substack.com/p/ken-griffin-talks-crypto-politics …
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Ken Griffin may be the most influential CEO in all of market structure. When he speaks publicly, we'd be wise to listen:pic.twitter.com/pFRvN8bBsc
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Volatility ETFs are back - I recap why this matters for CBOE & the apparent double standard at the SEC:pic.twitter.com/POjN4pq4T2
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24 Exchange wants to make markets trade at all hours of the day. I think it's a bad idea - here's why:pic.twitter.com/mUvW0USqwg
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Replying to @HideNotSlide
Stocks have been trading after 4PM during earning announcements for many years, 24X will do the same process. The real issue is that stocks are trading overseas by exchanges, brokers, crypto firms with no SEC or Finra surveillance. 24X will fix it by bringing those trades to US.
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Let’s say 24X gets approved for 24/7 trading in the US. My guess is the legacy exchanges would adjust their hours to match. Now everyone’s trading 24/7. What would 24X’s differentiator be then?
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