Nasdaq's Greifeld: Why We've Added 'Extended Life' Orders

The video discusses the evolution of market structures, focusing on the introduction of a reward system for long-term orders. It highlights stakeholder feedback, particularly from technology-focused individuals, who opposed speed bumps that delay technological progress. The video explains the reward system that prioritizes long-term orders, allowing them to move to the front of the queue. It also covers objections to the SEC's process in approving speed bumps and emphasizes the importance of customer feedback and simplicity. The video concludes with insights into market adoption and potential future uses of the system.

What concerns did technology-focused stakeholders express regarding speed bumps in market access?

How does the proposed reward system for longer order commitments benefit investors?

What was the response of the SEC to the proposed changes in market structure?

In what ways did the speaker suggest that the investor experience could be improved?

Who are the initial adopters of the proposed market changes, and why do they support it?