This cofounder wants to bring transparency to Wall Street's ultra-secretive trading world, and make some jokes along the way
. The client knows exactly how and why their order was handled the way it was.
"If that's true, I have a problem anyway," Bishop said."My process will make that apparent and let me fix it faster than your process."Bishop worked at IEX as a quantitative researcher from 2016 to 2018, where she helped develop one of the exchange's flagship products, IEX Signal. where an order for a given stock travels across different exchanges over time , allowing savvy market players to predict final prices.
In the past year, Proof has had nine active clients with a total notional value traded of $1.87 billion, according to aThe startup serves asset managers and other buy-side institutions. However, Bishop's preference for transparency doesn't extend as far as her clients, as she declined to name them. Jesse Forster, a senior analyst at Greenwich Coalition, finds Proof's goal of transparency"refreshing" and thinks it could serve the industry well.
"I used to do classified research, and finance is the most secretive place I've ever worked," she said."Humor is kind of a way to process some of that for me.", who is a comedy writer and one of the creators of the Comedy Central series"Corporate" and the Hulu series"This Fool."at a number of New York comedy clubs, including Gotham Comedy Club and Caveat.
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