Dave Lauer's Blog

President & Managing Partner

Dave Lauer is a Market Structure and Technology Architecture Consultant. His most recent work includes public policy with Better Markets and technology architecture with IEX, a new equity market. Previously, he worked as a senior quantitative analyst at Allston Trading and Citadel Investment Group. Prior to his career as a researcher and trader, he also worked at Tervela helping many prominent financial services firms design and build high-performance, low latency trading hardware with a specialty in understanding the complexities of the rapidly evolving electronic marketplace both before and after Reg NMS was implemented. In his spare time, he helps to build and run Cowbird, a story-telling website. He has a Master’s degree in International Economics and Finance from Brandeis University and grew up in Southern New Jersey.

‘Fixing’ Technological Complexity on Wall Street: No More Whack-a-Mole

We are at a crucial juncture in the history of the financial markets: Technology and deregulation have wiped out the floor-based monopolies of the past and replaced them with an incredible new system for transacting securities.

HFT: In Search of the Truth

Statistics is a funny field – you can generally construct well-reasoned, well-supported arguments on both sides of an issue. I have found a paucity of independent, objective writing on the subject of market quality, and recently found myself researching what studies have been performed.

No More Hiding From Regulators

There is no doubt anymore that our modern market structure has problems. Nobody with a fully functioning frontal lobe will tell you that it doesn't. Still, as obvious as it is that things are broken, many of us disagree on exactly what is broken and how to go about fixing it.

The Lack of Foresight Report: Why Can't We Do Better?

Finance experts apparently have no idea just exactly what High-Frequency Trading is. If they did, they would not conflate this practice with the computer revolution that has swept Wall St.

Financial Sense Wealth Management: Invest With Us
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