Market Structure Analysis

• Phantom Indexes 06/22/11 Themis Trading LLC White Paper
• Kathryn Welling's (of Weeden & Co. LP) 2nd article about Themis Trading LLC: Swinging The Pendulum 02/25/11
• What the SEC Staff Will Likely Recommend in Reaction to the May 6th Flash Crash 09/24/10 Themis Trading LLC White Paper
• Press Release: Themis Trading Calls for a Moratorium on The Approval of All New US Equity Exchanges and Market Centers 08/17/10
• Has High-Speed Trading Cost Buy and Hold Institutional Investors Control of Their Orders? 08/10/10 Advanced Trading
• What's In Your Router? 06/21/10 Securities Industry News
• Kathyrn Welling's (of Weeden & Co. LP) article about Themis Trading LLC: Playing Fair? 06/11/10
• Exchanges and Data Feeds: Data Theft on Wall Street 05/11/10 Themis Trading LLC White Paper
• SEC Concept Release Comment Letter 04/21/10
• Rebuttal: Some High Frequency Trading Is Good, Some Is Bad 03/18/10 Traders Magazine
• HFT Timeline Perspective 12/16/09
• Latency Arbitrage: The Real Power Behind Predatory High Frequency Trading 12/04/09 Themis Trading LLC White Paper
• What Ails Us About High Frequency Trading? 10/05/09 Themis Trading mini-white paper
• Why Institutional Investors Should Be Concerned About High Frequency Traders 07/09/09 Themis Trading LLC mini-white paper
• High Frequency Trading: Red Flags and Drug Addiction 06/18/09 Advanced Trading
• Where Has All The Volume Gone 05/06/09 Themis Trading LLC mini-white paper
• Wall Street To Congress "You Can't Handle The Truth" 02/12/09 StreetInsider.com
• What Ken Lewis Should Have Said: 'You Can't Handle The Truth!' 02/12/09 The Wall Street Journal
• As Volatility Continues, the Blame Game Heats Up 02/01/09 Advanced Trading
• Toxic Equity Trading Order Flow on Wall Street 12/17/08 Themis Trading LLC White Paper
• TALK BACK: The New NYSE: Just Like the Old Nasdaq 12/06/07 Dow Jones Newswires
• What to Expect When Exchanges Comply 02/05/07 Investment Dealers Digest
• Tracking the Whip Effect 12/19/05 HedgeWorld News
• Lessons from Trading History 02/05/05 Traders Magazine