TotalMarkets podcast features Nasdaq Chief Economist Phil Mackintosh interviewing some of the leading voices on topics essential to financial markets. Every month you will hear directly from Phil as he takes a deeper look at all things affecting market structure. You will hear from analysts, academics, brokers, investment advisors regulators, traders, and more to make you better educated on the issues, policies and proposals to make a path to better markets for tomorrow.
TotalMarkets Episode 13: Rich Mauro
Oct. 6, 2021 - Rich Mauro, Fixed Income ETF Trader at Virtu Financial, joins Nasdaq Chief Economist Phil Mackintosh to discuss trading bond exchange-traded funds (ETFs), how to value an ETF and the impact of Covid.
Listen to the podcast below.
TotalMarkets Episode 12: Jay Ritter
April 21, 2021 - Jay Ritter, the Cordell Eminent Scholar at the University of Florida's Warrington School of Business, joins Nasdaq Chief Economist Phil Mackintosh to discuss the state of the IPO market, how SPACs are trending, and what the long-term returns are for companies going public in today’s market.
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TotalMarkets Episode 11: Andy Nybo
March 3, 2021 - Andy Nybo, Managing Director with Burton-Taylor International Consulting, joins Nasdaq Chief Economist Phil Mackintosh to discuss the state of market data, retail trading, and how proposed market structure changes may adversely affect investors.
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TotalMarkets Episode 10: Larry Tabb
June 24, 2020 - Larry Tabb, Head of Research for Bloomberg Intelligence, joins Nasdaq Chief Economist Phil Mackintosh in an examination of the SEC’s NMS II plan and how the proposed changes may change our current equity markets.
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TotalMarkets Episode 9: Dan Connell and Shane Swanson
April 15, 2020 - How is money on market data really spent? How have market data costs actually increased? What do different data feeds offer and what actually causes market latency? Dan Connell and Shane Swanson from Greenwich Associates’ Market Structure and Technology Division join Nasdaq Chief Economist Phil Mackintosh to delve into their findings around market data.
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TotalMarkets Episode 8: Andrew Upward
Feb. 19, 2020 - Who trades ETFs and how do they trade them? What happens behind the scenes when an ETF trades? What can be done to improve liquidity for thinly-traded ETFs? ETF Strategist Andrew Upward from Jane Street joins Nasdaq Chief Economist Phil Mackintosh to give us an inside look at how ETFs trade today and how trading ETFs can improve.
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TotalMarkets Episode 7: Kimberly Russell
Jan. 15, 2020 - What is the outlook for ETFs in 2020? How will the new ETF rule affect the industry and what should market structure look like to ensure liquidity for ETFs? Kimberly Russell, Vice President and Market Structure Specialist State Street Global Advisors, discusses her views on the ETF industry with Nasdaq Chief Economist Phil Mackintosh. They will discuss the most recent developments on the regulatory front and how things are shaping up for the year ahead.
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TotalMarkets Episode 6: Mehmet Kinak
Dec. 11, 2019 - How can we improve small-cap liquidity? What did we learn from the tick pilot? How do you define retail investing? Mehmet Kinak, Global Head of Systematic Trading, T. Rowe Price, joins Nasdaq Chief Economist Phil Mackintosh to take a deep dive into market structure and how it could be improved to make markets work better for everyone.
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TotalMarkets Episode 5: Enrico Cacciatore
Nov. 20, 2019 - What happens in the life of a trade? How do market participants decide how fast they trade and what strategies to pursue to ensure both timeliness and quality of their order fills? Enrico Cacciatore, Head of Market Structure & Trading Analytics, Voya Investment Management, joins Nasdaq Chief Economist Phil Mackintosh to discuss how strategies are developed, how lit markets benefit investors, and how buyers calculate opportunity costs.
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TotalMarkets Episode 4: Rob Barnett
Nov. 6, 2019 -What are Collective Investment Trusts (CITs) and how are they helpful for people saving for their retirement? Rob Barnett of Wilmington Trust joins Nasdaq Chief Economist Phil Mackintosh to discuss how CITs differ from ETFs and mutual funds, how they operate, and how the game has changed with the advent of searchable tickers via Nasdaq Fund Network.
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TotalMarkets Episode 3: Bob Greifeld
Oct. 24, 2019 -Our third podcast features former Nasdaq Chairman and CEO Bob Greifeld, who has recently published Market Mover: Lessons from a Decade of Change at Nasdaq, a memoir covering his time at the helm of the world’s most innovative exchange. They discuss some of the pivotal moments in Bob’s career, how the past decades of change have shaped the markets, and how Bob views the markets today.
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TotalMarkets Episode 2: Jim Angel
Aug. 22, 2019 - On our second podcast, James "Jim" Angel, an Associate Professor at the McDonough School of Business at Georgetown University, joined Phil to discuss the state of market structure and regulation, the Access Fee Pilot, market data and how markets could be better.
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TotalMarkets Episode 1: Justin Schack
July 15, 2019 - On our inaugural podcast, Justin Schack, Managing Director and Partner, Rosenblatt Securities, joined Phil to debate about TotalMarkets, Nasdaq’s agenda for improved market structure and more fair and transparent markets.
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About the Host
Phil Mackintosh
Nasdaq Chief Economist
Phil Mackintosh is Chief Economist and a Senior Vice President at Nasdaq. His team is responsible for a variety of projects and initiatives in the U.S. and Europe to improve market structure, encourage capital formation and enhance trading efficiency.
