There’s always been a tech war within the trading industry. Our firm prioritizes human insight over algorithms, meaning all the trading decisions are made by humans.
The Data Wars: Why More Trading Should Mean More Traders Read More »
Speed and automation is not necessarily better. We must embrace the human element of trading — leveraging technology to enhance human judgment, not replace it.
Man Or Machine: Who Owns the Future Of Trading? Read More »
The post-GameStop trading boom brought retail trading into the spotlight, sparking a rise in “funded trader programs” marketed as low-risk opportunities for aspiring traders. However, these programs often exploit traders through high fees, unfavorable trading conditions, and misaligned incentives, ensuring the firms profit regardless of traders’ success.
The Problem With ‘Funded Trader Programs’: Traders Become the Product Read More »
While AI promises innovation, it magnifies volatility and accountability issues, as seen in events like the 2010 Flash Crash. The rise of algorithmic trading demands urgent regulatory focus to balance technological advancements with human oversight, ensuring financial markets remain transparent and accountable.
Humans vs. AI in The Stock Market: The Worst Trade Ever Made? Read More »
As the Securities and Exchange Commission undergoes its biggest equities shake up in 18 years to bolster best execution, Wesley Bray explores what the changes could mean for institutional investors.
The SEC’s equities overhaul: Necessary plumbing changes or a liquidity drain? Read More »
AFME chief says inclusion of sufficient pre-trade information has been lost in negotiations and could lead to suboptimal outcomes.
HSBC’s head of artificial intelligence for markets departs for JP Morgan Read More »
The EU has been reviewing its rules to reflect advances in trading technology as well as the departure of the United Kingdom from the bloc, presenting new competition to EU markets.
All eyes turn to SEC as EU finally bans PFOF Read More »
The application of artificial intelligence to financial markets has been making the headlines in recent weeks. Each day we see new articles about the countless and evolving use cases of chatbots and machine learning for trading and other varieties of capital allocation.
Artificial Intelligence and its Discontents Read More »
A recent decision from the European Parliament to ban the practice could influence regulators across the pond.
US watches EU moves on PFOF Read More »
Daniel Schlaepfer is the President and CEO of Select Vantage Inc (SVI), and its affiliates Select Vantage Canada Inc, Select Vantage Ontario Inc and Elite Vantage Placement Ltd. SVI is a global leader in electronic market-making, employing over 2,500 staff in 39 countries. On any given day, the firm can trade over US$3 billion a day on global stock markets.
Educated in Canada, Daniel received an MBA from the John Molson School of Business, Goodman Institute of Investment Management at Concordia University, and a Bachelor of Commerce from the Rotman School of Management at the University of Toronto. He is a CFA charter holder and passed the FINRA series 7 and 24 exams as well as CSI courses, CSC and PDO.
In 2019 Daniel was named to Canada’s Top 40 under 40 list and Concordia University’s Top 50 under 50 alumni shaping business in Canada. He is also a serving member of the Ontario Securities Commission’s Market Structure Advisory Committee (MSAC), a forum that discusses issues associated with market structure and marketplace operations in the Canadian markets.
