Themis Trading is an independent, no-conflict, institutional agency brokerage firm specializing in equities.

• We are experts at navigating all light and dark market centers in order to help our clients obtain the best possible prices.

• Always at the forefront of trading, we continually research the market to benefit and protect our clients. Our research is published via exclusive daily emails, white papers and our blog.

Joe Saluzzi on “CBS This Morning” December 26, 2018

Q&A:  Joe Saluzzi @ US House Financial Services Committee Hearing on US Equity Market Structure June 27, 2017 

From Michael Lewis’ Flash Boys: A Wall Street Revolt...
“Arnuk and Saluzzi, the principals of Themis Trading, have done more than anyone to explain and publicize the predation in the new stock market. They deserve more lines in this book than they receive but have written their own book on the subject, BrokenMarkets.”  “When the last history of high-frequency trading is written, Hunsader, like Joe Saluzzi and Sal Arnuk of Themis Trading, deserves a prominent place in .”                                                                                      

Jim McTague, Washington Editor, Barron's, on Broken Markets...
“Arnuk and Saluzzi are the Woodward and Bernstein of the securities markets.  Their gutsy, dogged sleuthing exposed the perverse market effects of robotic trading and predicted an event like the Flash Crash 2010, long before blinkered market regulators had a clue.  The two crusaders                                                                                                                       deserve a medal for looking out for investors."