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During the past 10 years, worldwide capital markets have undergone structural transformations that have fundamentally changed the manner in which exchanges, brokers, dealers and investors conduct transactions in publicly traded securities. New trading systems and technologies have emerged that are so innovative and fundamentally different from their predecessors that market regulators, politicians

Daniel R. VanVleet, Managing Principal

October 1, 2011

17 Min Read
High Frequency Trading Firms

Daniel R. Van Vleet

During the past 10 years, worldwide capital markets have undergone structural transformations that have fundamentally changed the manner in which exchanges, brokers, dealers and investors conduct transactions in publicly traded securities. New trading systems and technologies have emerged that are so innovative and fundamentally different from their predecessors that market regulators, politicians and analysts are having a difficult time keeping up with the rapidly changing environment. Previously unfamiliar and mysterious sounding terms such as “alternative trading systems,” “co-location” and “dark pools” have become the norm. Out of this evolving environment has emerged a trading strategy referred to as high frequenc...

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About the Author

Daniel R. VanVleet

Managing Principal, The Griffing Group

Daniel R. Van Vleet is a Managing Principal in the Chicago office practice of The Griffing Group.  Mr. Van Vleet has extensive experience providing professional valuation advisory and economic analysis services in the fields of litigation, taxation, and corporate transactions. His advisory and analytical services have been provided in a broad range of industries and for a variety of purposes including fairness and solvency opinions, estate and gift taxation, income taxation, board of directors advisory services, shareholder disputes, marital dissolution, breach of contract matters, intellectual property disputes, corporate transaction disputes, bankruptcy and reorganization, purchase and sale advisement, and other litigation, tax, and corporate transaction related matters.

Mr. Van Vleet is a contributing author to seven business valuation books.  He has also lectured extensively and presented numerous advanced education seminars on the subjects of business valuation, pass-through entity valuation, litigation advisory services, and transaction advisory services.  In addition, he has testified as an expert witness at trial in state and federal courts, arbitrations, and depositions. Mr. Van Vleet has served as an adjunct professor of finance at the Kellstadt Graduate School of Business at DePaul University and as a Continuing Education Instructor at Northwestern University.  Prior to joining SRR, Mr. Van Vleet was a Managing Director with the valuation consulting practices of Stout Risius Ross, Duff & Phelps, and Willamette Management Associates.

Mr. Van Vleet is an International Past President of the American Society of Appraisers (ASA) and a former President of the Business Valuation Association of Chicago.  He is also a member of the Association of Insolvency and Restructuring Advisors (AIRA) and serves on the editorial review board for Trusts & Estates magazine.  Mr. Van Vleet has served as the ASA representative to both the International Valuation Standards Council (IVSC) and the Saudi Authority for Accredited Valuers (TAQEEM).  He is also the developer of the Van Vleet Model, which is a widely used pass-through entity valuation model.