Healthy Markets Association releases ATS Transparency Index

Share Article

Healthy Markets released its latest edition of its groundbreaking Alternative Trading System, ATS Transparency Index™. The ATS Transparency Index™, which is available freely to the public, was developed to help investors and routing brokers make sure they have a good understanding several aspects of an ATS.

“The ATS Transparency Index helps identify which ATSs are giving investors and routing brokers the disclosure information they need to make the most informed decisions, and which ones aren’t,” said Tyler Gellasch, Executive Director.

On Thursday, Healthy Markets released its latest edition of its groundbreaking Alternative Trading System, ATS Transparency Index™. The ATS Transparency Index™, which is available freely to the public, was developed to help investors and routing brokers make sure they have a good understanding several aspects of an ATS, including:

  •     What information is disclosed
  •     its conflicts of interest,
  •     order and execution characteristics
  •     ownership details

While the ATS Transparency Index™ provides a comprehensive overview of ATSs’ disclosures in several key areas, it does not pass judgement on the substance of the disclosures. Rather, it simply identifies whether critical information is disclosed. Healthy Markets prepares the index based upon publicly available information, and responses to our surveys of ATSs, which is performed using the Healthy Markets ATS Questionnaire.

“The ATS Transparency Index helps identify which ATSs are giving investors and routing brokers the disclosure information they need to make the most informed decisions, and which ones aren’t,” said Tyler Gellasch, Executive Director. “While some ATSs are still as just as dark as ever, we’ve found that the overall level of transparency has increased significantly, which is great news for investors.”

About Healthy Markets

Healthy Markets is an investor-focused not-for-profit coalition looking to educate market participants and promote data-driven reforms to market structure challenges. Our members, who range from a few billion to hundreds of billions of dollars in AUM, have come together behind one basic principle: Informed investors and policymakers are essential for healthy capital markets.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Chris Nagy
@healthymkts
Follow >
Visit website

Media