2016 ATs risk assessment (June 6, 2015)
The groundbreaking 2016 ATS Risk Assessment examines 18 of the leading US equity alternative trading systems (ATSs) to help investors answer key questions about how these ATSs operate, their characteristics, and the risks they pose. While the full 173-page Report is available to only Healthy Markets Members, we have made a brief description and excerpts of the Report available.
ats transparency index (Mar. 10, 2016)
The ATS Transparency Index is intended to help investors evaluate whether and to what extent they may have the information they need to make informed decisions about whether and how to route to particular ATSs, as well as compare disclosures across ATSs.
Better best execution: A guide for investment advisers (Apr. 20, 2017, Second edition)
This Report, which is available to only Healthy Markets' Members, is intended to help investment advisers think about their best execution obligations in a holistic way, as well as get an understanding of some current industry practices.
Healthy Markets published this report on September 15, 2015, examining regulatory enforcement actions against dark pools, and how investors can protect themselves.