The Security Traders Association (STA) and the University of Chicago Booth School of Business today announced a half-day symposium titled “Equity Market Structure: At the Heart of Our Nation’s Economy.” Held at Chicago Booth’s downtown Gleacher Center, the event is being made possible by a grant from the STA Foundation and will feature some of the industry’s most influential regulators, academics and executives to discuss the current state of the U.S. equity markets.
“I’m very pleased to have Chicago Booth co-sponsor this symposium, which will bring together a diverse group of experts whose opinions and experiences will shed light on the nuanced issues surrounding the American financial system,” said Luigi Zingales, Professor of Entrepreneurship and Finance at Chicago Booth, and Director of the University of Chicago’s Stigler Center.
“The U.S. equity markets remain the most liquid and efficient in the world. Through their primary functions of supporting capital formation and creating prosperity, they play a vital role in the nation’s economy and way of life. It is therefore critical that the structure under which they operate is constantly evaluated to ensure they continue serving issuers and investors efficiently,” said Jim Toes, STA President & CEO.
The symposium will begin with a presentation by Hal Scott, Director of the Committee on Capital Markets Regulation, and will then feature talks by the following guests: FINRA President & CEO Robert Cook, Cboe President Chris Concannon, Virtu CEO Doug Cifu, SEC Director of Trading & Markets Brett Redfearn and SEC Chairman Jay Clayton as the keynote speaker.
“We’ve put together a fantastic program, featuring a distinguished lineup of regulators, academics and industry professionals,” said Mike Rask, Director of Trading for Hodges Capital and current STA Chairman. “STA is an extremely diverse organization as measured by the wide range of business models represented among its membership. We anticipate lively conversations among presenters and attendees alike.”