Waters Wavelength Podcast Episode 33: IEX's Ronan Ryan

Dan talks with IEX president Ronan Ryan about his new role at the exchange (2:00), how the phase-in period has gone (2:45) and the exchange's short- and long-term goals (5:00). Ronan then discusses how IEX will be scalable despite not having some traditional revenue streams exchanges typically have (8:45), what he feels is misconstrued about the firm (11:45) and his thoughts on competitors launching new features that mirror some of IEX's (17:07). Finally, he talks about his time as Fairfield University's mascot, Lucas the Stag (20:30), and what actor he'd want to portray him if "Flash Boys" ever gets made into a movie (23:20). Dan and Anthony wrap things up discussing some takeaways from the interview (26:55) and the new initial margin rules for non-cleared derivatives (29:40).

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Links to articles discussed:

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

Casting 'Flash Boys': Picking the Stars for Michael Lewis' Next Blockbuster

Banks prepare for bumpy ride as margin deadline looms via Risk.net

Non-cleared margin rules put spotlight on Blazer market hub via Risk.net

As is the case with everything we do, we'd love to get some feedback from our listeners. Feel free to reach out to Anthony or Dan via Twitter or email.

Anthony: @a_malakian; Anthony.Malakian@incisivemedia.com

Dan: @dandefrancesco; Dan.DeFrancesco@incisivemedia.com 

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Past episodes:

Episode 1: Bloomberg Terminals, Work Force Issues

Episode 2: Blockchain, StatPro-Investor Analytics Merger

Episode 3: Dark Pools, SEC, Enterprise Risk 

Episode 4: Flash Crash, MiFID II, Blockchain on the Buy Side, DMMs

Episode 5: Waters Wavelength Podcast Episode 5: Linux Vulnerability, Bitcoin vs. Blockchain

Episode 6: FBI vs. Apple, LSE-Deutsche Börse Merger

Episode 7: Machine Learning, Climbing the Corporate Ladder

Episode 8: Consolidation of Risk Platforms, Open Source

Episode 9: Cyber Risk North America, Deutsche Börse-LSE Deal

Episode 10: Markit-IHS Merger, FIA Boca

Episode 11: Future of Exchanges, Bussmann Departure, Apple-FBI Closure

Episode 12: Open Source, Reg AT, Panama Papers

Episode 13: TruMid, Innovation Labs

Episode 14: NATAS, Sell-Side Technology Awards

Episode 15: Consolidated Audit Trail

Episode 16: Sifma Ops, Nasdaq, Fixed Income

Episode 17: Regulatory Landscape, Fixed Income, Blockchain

Episode 18: Dos and Don'ts for PR People

Episode 19: BNP's Growth Plans, Buy Side KYC

Episode 20: CAT, Unbundling Research, June Features

Episode 21: Toronto Information and Tech Summit, Fintech Regulation

Episode 22: Blackstone CTO Bill Murphy

Episode 23: Brexit, Fintech Innovation Lab, TSAM

Episode 24: Blockchain Adoption with Richard Johnson, Greenwich Associates

Episode 25: Buy Side KYC, User Experience

Episode 26: Wei-Shen Wong, Waters Hong Kong Reporter, Talks Fintech in Asia

Episode 27: Trading Turrets, Sifma's CAT Comment Letter

Episode 28: Larry Malakian (aka, Tony Malakian's Dad)

Episode 29: LedgerX's Paul Chou and Zach Dexter Talk Bitfinex Hack

Episode 30: Northern Trust's Vijay Luthra Talks Disrupting Data Centers

Episode 31: HFT Debates, RBC's Head of Tech and Ops, PTFs

Episode 32: Seed CX CEO Edward Woodford, State of SEFs