Brad Katsuyama Famous Quotes
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My personality and nothing from my past would have ever predicted that I would be at the center of a controversy.
We built a market at IEX that does not sell certain types of technology advantages to high-frequency traders, and as a result, the high-frequency traders that didn't rely on buying those advantages trade on IEX.
It is easier to disrupt consumer finance. It is much harder to disrupt institutional finance, Wall Street. It is very heavily regulated, and because it is institutional finance, you are dealing with incumbents.
When we had the 'flash crash' in 2010, where the price of some stocks briefly fell to zero, high-frequency trading played a big role in that event.
Once you realize that there are only certain points which you are willing to negotiate, it makes the negotiation much simpler.
I am a fairly go-with-the-flow guy. Don't get me wrong, I have convictions.
Society has changed so dramatically that it's empowered the individual, and technology has a lot to do with that. Years ago, if you had a bad experience at a restaurant, you could complain to the manager. Maybe you could picket. Now, you go online and write a review that may go viral.