lol take a shot everytime you here a "um uh um"

ummm...ahrrrr...I like this guy!

wow I'm looking forward to become a crypto market maker and this definitely opened my eyes

guys, he is not that bad of a speaker. get over it

Have not heard this perspective elsewhere, interesting stuff.

Would be interesting to measure the implicit cost of adverse selection in dark pools he mentioned. Place a bunch of small buy orders with set holding times on the dark pool. Place a bunch of small orders at the exact same moment on a guaranteed market with set holding times. Look at the PnL over many trades.

Does someone know any academic papers on black pool markets?

intersting findings on darkpool interference

Would be interested to hear an update on latency as part of transaction costs for retails given the ubiquity of "free" share trades today.

I thought I might be the only one paying too much attention to "Um um um"

I would have to disagree with some of what he is saying. If you had a large order, as an informed seller/buyer, you would want to get as much of that filled via dark pools because it will not change the market prices. I would definitely use both, try the dark pools first so the market doesn't jack up the price before I get my size filled. Secondly, the people who really want to buy or sell (intrinsic buyers/sellers) the stock are going to do it anyway regardless of dark pool transactions. So I don't see how it decreases overall welfare.

thx nice

financial engineering money can disappear anytime

Sounds like our current prime minister. Um…a…um

Ummm ummm ahh ahhh

couldnt watch this. the speaker needs some coaching for speaking

Bad video recording.Can you believe this is a university?

this guy definitly was on wall street he CANNOT TALK um uh um uh um uh um uhh R U FUKIN KIDDIN MEEEE - there is no way i can cmplete this, shame this guy seems like he knows his shit but umm UHH UMM UHH UMM UHH I CAN UM UHH CON.. UM UHH TIN... UM UNHH ...TINUE.. UMM UHH.. HISS>> Ummm UBHH SPEEECHH UMM UHHH UHHUSHUSHUSHSUHUHFFM this is wht it feels like listenin to him

The speaker ruined it by with incessant “um” and “ah” and “argh” - annoying and distracting I had to stop the video as it was driving us up the wall.