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Q&A With Don Ross: Can Equity Markets Benefit From Auctions? Ross Looks To Disrupt The Markets With On-Demand Auctions For Stocks, Just Like The Good Ole Days Blog,Fintech,Interview,Investing & Trading

CODA Markets has been pounding a steady beat for on-demand auctions since launching CODA Block, a 30-second block auction program in 2017. With a new study from ViableMkts of the auction system, data shows CODA Block generally did not create adverse market moves when initiating an auction. Don Ross, CEO of CODA Markets’ parent PDQ Enterprises, spoke with JLN’s Jim Kharouf about the study and his view on auctions throughout the trading day. Q: You have been a proponent of auctions in securities and feature an auction mechanism on your CODA Markets platform. Why such a big fan? The biggest…

PDQ’s Don Ross: Why Speed Kills Equities Markets And How Auctions Can Save Them Feature

The future of stock markets is becoming less about speed and more about trading securities in different environments, particularly auctions. Several exchanges have introduced new auction models aimed at slowing the market down in different ways for different participants, including PDQ Enterprises, which is rolling out its new on-demand auction process for stocks. CODA Markets (Centralized On-Demand Auctions), the wholly-owned broker-dealer entity which was previously named PDQ ATS, will launch the the block trading facility called CODA Block in the next several weeks. John Lothian News Editor-in-Chief Jim Kharouf spoke with Don Ross, who took over as CEO of PDQ…