Giving Back

We believe in promoting a stronger economy and society by serving the public interest, building a culture of purpose, and inspiring leadership in others–within and outside our organization.

Jan 1, 2021

SVI is a proud supporter of Mt. Sinai Hospital

Mount Sinai Hospital, part of Sinai Health, is an academic health science centre, affiliated with the University of Toronto.

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Jan 1, 2021

SVI is a proud supporter of UHN

University Health Network is a health care and medical research organization in Toronto, Ontario, Canada.

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Jan 1, 2021

SVI supports John Molson School of Business

The John Molson School of Business learning experience focuses on innovative educational practices.

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May 1, 2019

WE Charity Opens NEO

Celebrating a $1,000,000 Donation to build a School of Business Management in Kenya.

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January 26, 2019

SVI supports ME to WE

For over 20 years, WE Villages has been building a holistic and sustainable development model to end the cycle of poverty in nine developing countries.

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October 31, 2018

TSX Charity Event

We are thrilled to announce that SVI's TSX event was a resounding success! Together, we raised more than $38,000 by the close of the day on October 31st, 2018.

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LATEST NEWS

"A Simple Remedy for Payment-for-Order-Flow" - Published on November 21st, 2022

Payment for Order Flow (PFOF) schemes are falling under increasing regulatory scrutiny for a very simple reason.

"PFOF non-ban deals major blow to SEC agenda" - Published on November 11th, 2022

The absence of a ban on payment for order flow is in contradiction with chair Gensler’s original plans.

"Trading In The Spotlight" - Published on September 28th, 2022

As the financial industry digests the SEC's long-awaited decision on Payment-for-Order-Flow – and Netflix's treatment of the GameStop saga that brought about the intense scrutiny of the controversial policy - we spoke to the CEO of a professional trading firm with an unusual degree of familiarity with the world of financial regulation.

"An Elegant Solution to PFOF and Related Perversions" - Published on August 5th, 2022

As Payment-for-Order-Flow (PFOF) is coming under increased scrutiny in both the US and EU, professional trading chiefs propose a unique solution of their own.

"As US regulators warn brokerage firms and investors of the risks involved, the retail trading boom shows no signs of slowing" - Published on April 24th, 2022

The trading of Twitter shares over the past couple of weeks has been at an all-time high for retail investors. In April so far, trades in the stock have been 11x higher than the monthly average since 2020, the Wall Street Journal reports.

"Corporate Menswear Relaxes Its Dress Code, As Corporations Aim To Attract New Talent" - Published on January 21st, 2022

Daniel Schlaepfer recently spoke to Forbes about trends in professional trading, Payment-for-Order-Flow, the increasing costs of regulation, his recent lawsuit against ASIC, and why he'd cut off your tie if you wore one to the office.

"Daniel Schlaepfer: “There Is No Such Thing As Free Day Trading" - Published on November 9th, 2021

As more people engage in trading activity, we talked to Daniel Schlaepfer, President and CEO of global market-making firm Select Vantage Inc. (SVI) to discuss the exponential growth of day trading and the regulatory measures that need to be taken to ensure fair trading.

"Stop the PFOF Game" - Published on October 26th, 2021

Last week's long-awaited release of the SEC's report on January's GameStop saga highlighted the role of payment-for-order-flow (PFOF) in the 'gamification' of day trading, but stopped short of banning the practice outright.

Select Vantage Canada CEO appointed to Ontario Securities Commission (OSC) - Market Structure Advisory Committee (MSAC) - Published on September 22nd, 2021

The Ontario Securities Commission (OSC) announced today the membership of the Market Structure Advisory Committee (MSAC) for the 2021–2023 term.

Established in 2011, the MSAC serves as a forum to discuss issues associated with market structure and marketplace operations. The MSAC also acts as a source of input and feedback for OSC staff to help facilitate the development of policy and rule-making initiatives that promote investor protection, fair and efficient capital markets, and confidence in those markets.

Select Vantage INC. (SVI) Statement following June 30th 2021 verdict of appeal

"Mr. Schlaepfer is pleased that ASIC’s truth defence has been struck down, rejecting the finding that Select Vantage Inc. (SVI) traders had engaged in market manipulation."

Bull and bubble: Frenzied retail trading, outrageous valuations, easy money drive market madness

Published on: The Globe And Mail - January 29, 2021

High-flying stocks crash to earth as trading platforms hit the brakes

Published on: The Globe And Mail - January 28, 2021

The rise of day trading should be celebrated

Published on: The Parliament Magazine - October 16, 2020

Pragmatism not posturing should drive Brexit talks

Published on: Financial Times - July 3, 2020

Revenge of the robots: What is driving the market’s wild swings

Published on: The Globe and Mail - March 30, 2020

High-Frequency Traders Feast on Volatile Market

Published on: WSJ - March 27, 2020

Select Vantage CEO appointed to Ontario Securities Commission (OSC) Advisory Committee

Published on: Ontario Securities Commission - September 2, 2019

Trading firm turns to sports science for a bit of extra pace

Published on: FN London - September 2, 2019

Daniel Schlaepfer Follow

President & CEO Select Vantage, matching technology with human insight across global markets. Named in @Top40_40 & @Concordia 50 Under 50. @OSC_News MSAC member

https://www.benzinga.com/22/11/29802168/a-simple-remedy-for-payment-for-order-flow - SVI's Ian Bandeen and I via @Benzinga on how we remedy PFOF issues

‘Our simple remedy is to reduce the minimum pricing tick to a tenth of a cent... Why not just take away the economic incentive and return it to its real owners, the investing clients?’

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https://www.cfainstitute.org/-/media/documents/article/industry-research/investment-gamification-implications.pdf - Last week's @CFAinstitute report offers key recommendations to protect retail investors from risky gamification, including making brokerage firms provide clear warning labels noting their PFOF revenue. Advertising ‘commission-free trading’ is misleading

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https://www.mas.gov.sg/-/media/MAS/Regulations-and-Financial-Stability/Regulations-Guidance-and-Licensing/Guidelines-to-Notice-SFA04N16-on-Execution-of-Customers-Orders-4-Nov.pdf From April 2023, Singapore is moving to ban PFOF when executing customer orders because it 'introduces conflicts of interests' and is 'likely to cause harm to customers' according to MAS. Great to see proactive action being taken to protect investors

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https://www.ibtimes.com/trading-spotlight-3617707- Thank you @IBTimes for this profile piece featuring my thoughts on PFOF following the SEC’s recent decision, my long-lasting litigation against ASIC and the rising costs of compliance.

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My latest piece in @IBTimes, co-authored with SVI Chairman Ian Bandeen, 'An Elegant Solution to Payment-for-Order-Flow and Related Perversions' - it's time the US followed the EU and banned PFOF: https://www.ibtimes.com/elegant-solution-pfof-related-perversions-3598789

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