05.15.2014

SIP vs. Direct Feeds Latency – What are the Rules?

05.15.2014

Michael Lewis’ book, Flash Boys, reinvigorated an old debate – latency. Some market participants receive quote and last trade information faster than others. Some market structure observers are asserting that the SEC is not enforcing Regulation NMS—that data “receipt” latency that exists between the SIP and direct feeds is against the Securities Act Amendments of 1975 and Regulation NMS.

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It's been a month since we had our Women In Finance Awards in New York City at the Plaza! Take a look back tab some moments, and nominate for our upcoming awards in Mexico City and Singapore here: https://www.marketsmedia.com/category/events/

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Citadel Securities told the SEC that trading tokenized equities should remain under existing market rules, a position that drew responses from various crypto industry groups. @ShannyBasar for @MarketsMedia:

SEC Commissioner Mark Uyeda argued that private assets belong in retirement plans, saying diversified alts can improve risk-adjusted returns and that the answer to optimal exposure “is not zero.” @ShannyBasar reporting for @MarketsMedia:

COO of the Year Award winner! 🏆
Discover how Jennifer Kaiser of Marex earned the 2025 Women in Finance COO of the Year recognition.

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