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Daniel Schlaepfer

Daniel Schlaepfer CEO at Select Vantage Inc

The Sunny New Frontier for Traders: Greece, Italy, Spain

For years, southern Europe’s markets were dismissed as risky, stagnant, or peripheral. Investors crowded into Germany’s DAX or France’s CAC, while the Athens, Milan, and Madrid exchanges languished on the margins. But that story is quickly changing. This year, the stock indices of Greece, Italy, and Spain have surged ahead of their northern peers, ...

/inclusion /markets

Daniel Schlaepfer

Daniel Schlaepfer CEO at Select Vantage Inc

The Jane Street India Scandal Is a Wake-Up Call – No Matter the Outcome

It’s not every day that a regulator as methodical and reserved as India’s SEBI accuses one of the world’s largest trading firms of a “sinister scheme.” But that’s what happened last week when Jane Street—one of the “new titans of Wall Street”—was banned from India’s markets over allegations of manipulating prices in one of the fastest-growing deri...

/regulation /markets

Daniel Schlaepfer

Daniel Schlaepfer CEO at Select Vantage Inc

Why Training Still Beats the Hype: Lessons from a Modern Trading Trap

Retail traders today face a paradox. Markets have never been more accessible, or more hazardous. What looks like opportunity can quickly become a trap, especially in the age of social media-fueled speculation. The recent implosion of stocks like Jayud Global Logistics (JYD) has once again exposed the painful divide between how retail and profession...

/people /markets Trends in Financial Services

Daniel Schlaepfer

Daniel Schlaepfer CEO at Select Vantage Inc

How should we regulate AI in trading?

The emerging Artificial Intelligence (AI) boom has already seen a host of applications unveiled as supposedly advanced trading tools. Just this week we’ve seen the launch of Meta Trade Bot (unrelated to the Facebook-owning company), a cloud-hosted auto-trading tool designed to “eliminate human emotion in trading, enhance trading efficiency, and aim...

/regulation /markets Artificial Intelligence and Financial Services

Daniel Schlaepfer

Daniel Schlaepfer CEO at Select Vantage Inc

All eyes turn to SEC as EU finally bans PFOF

Last Thursday, the European Union said that member states and the European Parliament had reached a deal on updating the bloc's MiFID-related securities trading rules. 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. ...

/regulation /markets MiFID

Daniel Schlaepfer

Daniel Schlaepfer CEO at Select Vantage Inc

One small step for the EU, one giant leap for retail investors

Following lengthy disagreements between Europe’s various decision makers surrounding the practice of Payment for Order Flow, the EU Commission – the European Union's executive body – has proposed a compromise through which PFOF will be banned, albeit in a targeted manner. While the European Parliament had proposed banning the practice outright, so...

/regulation /markets MiFID

Daniel Schlaepfer

Daniel Schlaepfer CEO at Select Vantage Inc

Complex Rules Beget Costly Unintended Consequences

A new report from Acuiti Management Intelligence has found that almost half of EU and UK-based proprietary trading firms are considering moving to a different jurisdiction to avoid increasingly burdensome regulation. The report also found that a quarter of the firms surveyed are looking at potentially giving up their Mifid II licenses and exiting ...

/regulation /markets Banking Regulations

Daniel Schlaepfer

Daniel Schlaepfer CEO at Select Vantage Inc

Artificial Intelligence and its Discontents

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. But I’ve long thought that the only thing more interesting than the capabiliti...

/markets /predictions Artificial Intelligence and Financial Services

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