A Welcome Message - MMI Moving Forward and Thank You!
Welcome to the Modern Markets Initiative (MMI), a non-profit education and advocacy group comprised of financial technology professionals who make today’s financial markets more efficient, transparent and cost-effective for retail and institutional investors.
Since 2013, Modern Markets Initiative (“MMI”) has performed education and advocacy about the role of technology in today’s markets. MMI has proactively partnered with regulators, members of Congress, leading academic institutions and the professional trading community to tell the positive story of how applying technology to the trading process has saved investors money and helped make the U.S. markets the envy of the world. Given the improved understanding of high frequency trading and the role algorithmic trading plays in the transparent mainstream of today’s modern markets, MMI plans to disband at the end of June 2024.
The members of MMI would like to thank the talented and dedicated staff that has worked with MMI over the years – as well as the countless individuals who have shown us their support in advancing the greatest markets ever.
core principles
Markets should be designed to maximize efficiency for all investors.
Market Efficiency
Fair and Equal Access
Transparency
Competition
Market Stability
Simplicity
Sound Regulation
Reports and Studies
A Report on Market Automation and Dependable Liquidity in Times of Uncertainty: Investor Savings from Narrowed Bid Ask Spreads, Markets Functioning as Intended
MMI provides facts and data regarding the evolution of the electronic markets over the past decades and benefits of market automation in saving investors’…
The Truth About the Democrats’ Financial Transaction Tax
Recent efforts by congressional Democrats to reintroduce the Financial Transaction Tax (FTT) threaten the very constituents our elected leaders are supposed to…
A Report on Market Automation and Democratizing Markets: Lowered Bid-Ask Spreads and Investor Savings
MMI provides facts and data regarding the evolution of the electronic markets over the past decades and benefit of market automation, including high frequency…
Latest News
When a Regulatory Last Resort Becomes the Only Resort for Market Participants
The U.S. equities markets are the most liquid and efficient in the world, and that’s not by accident. For more than 80 years, since the…
Policymakers Should Shelve Market Structure Proposals and Focus on What Really Counts for Retail Investors
As the House Financial Services Committee reconvenes at a hearing this Thursday to look at the nation’s equity market structure, there’s…
The Important Equity Market Topics to Address With Gary Gensler
Securities and Exchange Commission (“SEC”) Chair Gary Gensler returns to testify before the House Financial Services Committee this Tuesday…



