Intraday return measures the return of a financial security during regular trading hours, based on its price change from the ...

Internet meme culture economics has transformed viral memes into powerful financial assets, shaping markets through meme coins, meme stocks, and digital collectibles. What once started as internet ...

In the past we’ve talked theoretically about the costs of routing to inverted vs. maker-taker venues. Let’s look at some of the studies that quantify the costs of routing, using real data. The results ...

We’ve done a few blogs this year looking at the increase in off-exchange trading, and fragmentation of what is on-exchange, even as on-exchange share continues to shrink. Today, we update one of our ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...