For the record I really enjoy following Eric&#x27;s twitter stream but be forewarned that he isn&#x27;t the end all be all expert on market micro-structure.<p>Infact I find he is alot like the book flash boys.  Entertaining and capable of finding interesting data and putting his own spin on it but he is often just flat out wrong.<p>At one point he and I were talking when he claimed that Canada doesn&#x27;t have a MOC auction, which 1) is just false, and 2) very easily verified by a 10 second google search.<p>Having said that, his graphs  of market micro-structure are among the best I&#x27;ve found from anyone on twitter.  Just don&#x27;t blindly believe that when he shows a chart and claims shenanigans that there is actually something nefarious going on, which to be fair makes him no different than anyone else on twitter:)<p>I now view him as soneone who has earned his spot at the table as a market micro-structure &quot;expert&quot; but is very biased in his views.