Boxes and Lines

Helima Croft, Managing Director and Global Head of Commodity Strategy at RBC Capital Markets, joins Ronan and JR to break down the geopolitical issues impacting oil markets today, from OPEC to the major areas of focus for the Biden administration to the dynamics of renewables (recorded March 18).

Aite Group Senior Analyst, Capital Markets Spencer Mindlin joins Ronan and JR to dig into the market structure topics shaping up to take the spotlight in 2021 from short selling to settlement cycles to the shrinking universe of private companies.

IEX’s very own Sean Spector and Tori Dewey join Ronan and JR to debunk the conventional wisdom of minimum quantity with cold, hard data. Tune in to see Ronan and JR field a pop quiz on odd lots and stay for the breakdown of the impact of minimum quantity on adverse selection, information leakage, and opportunity cost. Want more on min quant? Check on Tori and Sean’s full blog series here: https://medium.com/boxes-and-lines/do-minimum-quantities-maximize-performance-b376025a73cd

Frank Chaparro, Director of News at The Block, stops by to school Ronan and JR on the latest topics in crypto and digital assets, including the maturation of Bitcoin, institutional adoption of cryptocurrencies, the regulatory outlook, and comparisons to “traditional markets.”

The anonymous protagonist of the “Occupy a Job on Wall Street” stories and podcast joins Ronan and JR to discuss his career beginnings, how Wall Street has transformed over the years, and his predictions for the future of trading, automation, and more (recorded January 12).

Henrietta Treyz, Managing Partner & Director of Economic Policy at Veda Partners, joins Ronan and JR to discuss the outlook for macroeconomic policy, legislation, buybacks, tariffs, and more in the Biden administration. Primary recording December 22, addendum recorded January 11.

Before the SEC announced he was stepping down as the Trading and Markets Director by the end of 2020, Brett Redfearn sat down (virtually) with Credit Suisse Managing Director and Head of Americas Market Structure Doug Clark at STA National. Doug joins Ronan and JR to break down that interview and Brett’s biggest accomplishments in the role (recorded October 14).

inSecurities podcast co-hosts Chris Ekimoff, Financial Investigations & Disputes Southeast Region Leader at RSM US LLP, and Kurt Wolfe, Regulatory Investigations & Enforcement Attorney at Troutman Pepper, join Ronan and JR to discuss potential areas of focus for the SEC in the Biden administration, including enforcement, buybacks, ESG – and of course, who might be sitting in the big chair at the SEC (recorded November 30).

Additionally, for more information or to donate to the nonprofits mentioned on the episode, please visit the Network for Victim Recovery of DC (nvrdc.org) and La Cocina VA (lacocinava.org).

Check out our rebroadcast of this episode of PLI’s inSecurities podcast, in which hosts Chris Ekimoff and Kurt Wolfe chatted with our own JR and Dan Eisemann of MFS about innovation in equity market structure and the nuances of algorithmic and high-frequency trading.

Find more episodes of the inSecurities podcast and subscribe at pli.edu/insecurities.

Arbitrage Andy continues the finmeme education of Ronan and JR, covering deal sleds, the fascination with notorious figures in finance, and the inspiration behind his pseudonym.