CODA Markets aims to increase investment returns for participants by taking time out of the trading process.  We pioneered the development of on-demand auction markets that eliminate the costs associated with shaving sub-seconds or preventing information leakage in order placement.  Our markets facilitate hundreds of thousands of competitive stock auctions every day, anchored by billions of shares of unique on-demand aggregated liquidity. CODA Markets is an independent, agency-only FINRA regulated broker-dealer which operates an electronic equity alternative trading system under SEC Regulation ATS.  (CODA Markets is a PDQ Enterprises company.)