On this episode of the inSecurities podcast, Chris and Kurt chat with John Ramsay of IEX and Dan Eisemann of MFS about algorithmic and high-frequency trading. John and Dan also tell us how technological innovations, new trading strategies, and regulatory changes are reshaping the U.S. equity markets.
Featured in this Episode
Dan Eisemann is a Quantitative Trading Analyst at MFS Investment Management. His responsibilities include measuring and improving execution quality in trading by partnering with traders and portfolio managers to optimize the process as well as trading systematically generated orders. Dan joined MFS in 2019.
Previous experience includes nine years at Goldman Sachs where Dan was a Vice President on the Electronic Trading team. As part of the team, he was responsible for working with users of the GS Algorithmic trading suite to optimize their trading experience, as well as for developing content on trends in Market Structure and Trading Strategies. He was also on the team that built the data platform used to carry out Execution Cost Analysis, Routing Analysis and Execution Research to improve execution outcomes.
Dan graduated magna cum laude from St. Bonaventure University with a BS in Computer Science in 2010.
John is responsible for developing and communicating IEX’s positions on market policy issues, and for engaging with governmental and regulatory authorities and certain IEX stakeholders on those issues. He also acts as IEX’s representative on governing committees with responsibility for various aspects of the national market system, including the securities information processors, the consolidated audit trail, and the Limit Up/Limit Down Plan.
John joined IEX in 2014 from the SEC, where he led the Division of Trading and Markets, the group responsible for regulating broker-dealers and self-regulatory organizations. Previously, he led SEC efforts to implement significant elements of the Dodd-Frank Act. Before the SEC, he held senior positions at the Commodity Futures Trading Commission, the National Association of Securities Dealers (now FINRA), the law firm of Morgan Lewis & Bockius, and Citigroup Global Markets.