Waters USA 2014: IEX Chief Strategy Officer: Our 'Magic Shoebox' Doesn't Make Us Anti-HFT

Ronan Ryan brings down the house at Waters USA

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Ronan Ryan at Waters USA

Ryan, known for his occasionally foul mouth and owning his own chapter in Michael Lewis' infamous Flash Boys that comically described him as seeming like he'd "survived one potato famine and was ready for another," focused on the technological rather than philosophical elements behind the IEX project.

In fact, he went so far as to point out that some of IEX's staff were formerly in high-frequency trading (HFT) and have no ideological problem with the practice, so far as it's "necessary," even sa