A planned overhaul of US stock-trading rules was greeted with skepticism by some financial firms that said, essentially, “If it ain’t broke don’t fix it.”
Why Wall Street Is Clashing Over the SEC’s Stock-Trading Overhaul Read More »
Payment for Order Flow (PFOF) schemes are falling under increasing regulatory scrutiny for a very simple reason.
A Simple Remedy for Payment-for-Order-Flow Read More »
The absence of a ban on payment for order flow is in contradiction with chair Gensler’s original plans.
PFOF non-ban deals major blow to SEC agenda Read More »
As the financial industry digests the SEC’s long-awaited decision on Payment-for-Order-Flow – and Netflix’s treat
Trading In The Spotlight Read More »
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.
An Elegant Solution to PFOF and Related Perversions Read More »
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.
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.
Corporate Menswear Relaxes Its Dress Code, As Corporations Aim To Attract New Talent Read More »
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.
Stop the PFOF Game Read More »
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.
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.
