BANK ON IT

Episode 209 Joe Wald from Clearpool Group

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Sinopse

Every week the show host John Siracusa talks with impressive fintech leaders and entrepreneurs, through conversation uncovers the remarkable stories behind them, their creations and the most important topics in fintech. You can subscribe to this podcast and stay up to date on all the stories here on iTunes, Google Play, Stitcher, Spotify and iHeartRadio In this episode the host John Siracusa chats with Joe Wald, co-founder and the CEO of Clearpool Group.  Today’s capital markets play on 13 stock exchanges and 40+ off-exchange venues like dark pools.  Which makes markets opaque.  Bringing transparency in this example is a difficult technical feat.  The effect dark pools have on the market is massive yet not commonly known.  Sometimes stock values drop even when a company's current public performance and profile is in strong standings.  How could that happen? Sometimes, this is what dark pools do. Millions of shares are bought and sold in these pools and those trades aren’t recorded in public forums until th