named programs · 3 · from sources
What they call their work
FinTech Friday
Weekly publication summarizing key developments in financial technology, including AI in markets, regulatory actions, and crypto policy.
Financial Transaction Tax Analysis
Advocacy and research opposing proposed financial transaction taxes, emphasizing their negative impact on market efficiency and investors.
Market Automation Reports
Research reports on the benefits of electronic trading, including narrowed bid-ask spreads and increased liquidity during periods of uncertainty.
activities · 1 group
What they do
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Professional Field Knowledge Development 3 activities
- Advocacy for technology in financial marketsConducted education and advocacy efforts to promote the role of technology, including algorithmic and quantitative trading, in modern financial markets by engaging with regulators, members of Congress, academic institutions, and the trading community.
- Opposition to Financial Transaction TaxPublished analysis opposing the implementation of a Financial Transaction Tax, arguing that it would negatively impact investors and market efficiency.
- Research on electronic markets and market automationPublished reports and data analyzing the evolution of electronic markets and the benefits of market automation, particularly in terms of investor savings.
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financials · form 990 · fy2023
revenue
Total revenue$0
Contributions & grants$0—
Program service revenue$0—
Investment income$0—
Other revenue$0
expenses
Total expenses$804K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$550K
Grants paid out$119K
Largest expense lineCompensation
balance sheet
Total assets$0
Cash$703K
Investments$0
Liabilities$17K
Net assets$0
Liquid reserves10.5 mo
2 years on record · 2020–2023 · YoY revenue -100.0%
leadership · form 990 part vii · fy2023
Who runs it
paid leadership · 1
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| KIRSTEN WEGNER | CEO | 45 | $500K |
board members · 4
- ADAM NUNES — DIRECTOR
- JOHANNAH LADD — DIRECTOR
- KEN WILSON — DIRECTOR
- RICHARD GRANT — DIRECTOR
relationships · 3
Who they work with
- House Financial Services Committee Government — Provided input and commentary on equity market structure and regulatory priorities through public statements and engagement.
- NASDAQ Partner — Featured leadership (Adena Friedman, CEO) in discussions on artificial intelligence and market innovation.
- Securities and Exchange Commission Government — Engaged with the SEC on market structure and regulatory issues, including testimony and advocacy.
strategies · 3
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Market Education Through Demonstrationmethodology: market-education-through-demonstrationBy demonstrating the advantages of algorithmic and quantitative trading methods, the organization promotes their adoption and understanding in financial markets, because experiential validation builds credibility and trust among stakeholders.
- Market Efficiency Principles Advocacymethodology: market-efficiency-principlesBy advocating for market structures that prioritize efficiency, transparency, competition, and fair access, the organization improves outcomes for all investors, because these principles reduce friction and information asymmetry, leading to more resilient and equitable markets.
- Technology Education Advocacymethodology: technology-education-advocacyBy educating policymakers and the public about financial technology, the organization produces better market outcomes and investor savings, because informed stakeholders make decisions that support innovation and efficiency.