CODA Markets, Inc. Employee Directory
Capital MarketsIllinois, United States11-50 Employees
CODA Markets, Inc. operates CODA, an independent alternative trading system (ATS) that aggregates liquidity through an on-demand auction process. This approach aims to create fairer competition among trade responses by pausing to allow market participants to respond, while reducing the potential for gaming and order leakage and lowering the costs associated with execution delays and fragmentation. The company positions itself in the capital markets industry as a liquidity-aggregation venue that serves U.S. equity traders seeking improved execution quality. Based in Wilmette, Illinois, CODA Markets is a registered broker-dealer and a member of FINRA and SIPC, and operates as a wholly owned subsidiary of PDQ Enterprises, LLC; it was formerly known as PDQ ATS, Inc. A recent development noted in industry coverage is the appointment of a new Managing Director of Sales in 2021, reflecting ongoing growth in trading activity and product initiatives.