TMX Presents: The Podcast

TMX Presents: The Podcast


Episode 026: Crossing Intents: Is Market Structure Broken?

May 09, 2023

This week, we bring you the second episode of TMX Presents: Crossing Intents, which delves deep into global market structure trends and events with a Canadian lens. Our TMX co-hosts Doug Clark and Corey Garriot discuss market structure perceptions and misperceptions; what’s going on in the market, what needs to be fixed, and what’s working well. The duo touch on Toronto Stock Exchange’s proposed new trading venues and explore new order types. They help explain why exchanges create new markets and orders, and how the client experience plays a role in this. They also discuss issues around HFTs and dark pools and why these structures were developed – Not broken does not mean perfect.


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