A Welcome Message

Welcome to the Modern Markets Initiative (MMI). We are 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.  Today’s financial markets, powered by automated trading, are democratizing investing by reducing the cost of trading to help to open the door to a new generation of investors to participate in the markets.

The MMI website is a comprehensive knowledge center for resources on automated trading, market liquidity and innovation in our financial markets – as well as updates on relevant news topics of note. We hope that you find your experience on our site to be both educational and thought-provoking.

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

LEARN MORE about OUR CORE PRINCIPLES
Reports and Studies
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…

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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…

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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…

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