Trading and Best Execution Consulting

Ari Burstein (Capital Markets Strategies) and Clive Williams (Alba Capital Markets) are teaming up to provide a premier trading and best execution consulting practice. Our practice will assist firms in understanding their overall responsibilities relating to the trading function and best execution, as well as in making their trading practices more efficient in this complex regulatory and trading environment.

What Sets Us Apart

  • Our practice goes beyond helping the client understand applicable regulations by combining assistance in the practical application and impact of trading and market structure changes.
  • Combination of experienced global financial services executives with 20+ years of experience, respectively, in regulation and policy, and managing global trading desks.
  • In-depth experience working on all aspects of the global trading process including compliance, market structure, regulation, and technological changes and advancements.

 How We Can Help

  • Assist in determining the best options surrounding the selection and implementation of the optimal trading and best execution tools, technology, and vendors available.
  • Provide recommendations surrounding trade execution, best execution, and transaction cost analysis, among other areas, all to help ensure compliance with applicable rules and regulations.
  • Provide monitoring of key regulatory and legislative developments relating to trading including real time alerts on key developments and summaries and analysis of significant regulatory and legislative proposals and initiatives
  • Increase institutional investor outreach, and public outreach and visibility
  • Facilitate regulator and policymaker outreach

Who We Are

Ari Burstein is President of Capital Markets Strategies.  Capital Markets Strategies is a full service consulting firm specializing in financial services issues.  In his role, Mr. Burstein represents financial services firms, including investment advisers, broker-dealers, securities exchanges, ETF issuers, trade associations and regulators/policymakers on a broad range of issues, in the U.S. and globally. Prior to starting Capital Markets Strategies, Mr. Burstein was Head of US Regulatory Affairs for Kreab, a leading global consulting firm. Prior to joining Kreab, Mr. Burstein was Senior Counsel for capital markets issues for the Investment Company Institute (ICI) and ICI Global, the global trade associations for the regulated fund industry.  Prior to joining the ICI, Mr. Burstein was an attorney in the U.S. Securities and Exchange Commission’s Division of Investment Management from 1997 to 1998 and the Division of Market Regulation from 1992 to 1997.

Clive Williams is President at Alba Capital Markets.  Prior to starting Alba Capital Markets, Mr. Williams worked at T. Rowe Price from 2000 to 2020. From 2010 to 2019, he served as Head of Global Equity Trading for T. Rowe Price, having built their trading capabilities in Europe and EMEA from 2000-2010. He also served as Head of Global ETF Capital Markets, helping bring T. Rowe Price’s active non-transparent ETFs to market. During his tenure at T. Rowe Price, Mr. Williams sat on many internal Committees including: Chairman of Brokerage Control Committee, Chairman of the Equity Best Execution Committee, and a member of Fixed Income Best Execution Committee, Global Trading Oversight Committee, Counterparty Risk, Product Development Committee, Risk Management Oversight Committee, Valuation Committee, and Diversity and Inclusion Operating Committee. Prior to joining T. Rowe Price in 2000, Mr. Williams was the Head of Multi-Asset Trading ex-U.S. at Invesco.

Ari Burstein is President of Capital Markets Strategies.  Capital Markets Strategies is a full service consulting firm specializing in financial services issues.  In his role, Mr. Burstein represents financial services firms, including investment advisers, broker-dealers, securities exchanges, ETF issuers, trade associations and regulators/policymakers on a broad range of issues, in the U.S. and globally. Prior to starting Capital Markets Strategies, Mr. Burstein was Head of US Regulatory Affairs for Kreab, a leading global consulting firm. Prior to joining Kreab, Mr. Burstein was Senior Counsel for capital markets issues for the Investment Company Institute (ICI) and ICI Global, the global trade associations for the regulated fund industry.  Prior to joining the ICI, Mr. Burstein was an attorney in the U.S. Securities and Exchange Commission’s Division of Investment Management from 1997 to 1998 and the Division of Market Regulation from 1992 to 1997.

Clive Williams is President at Alba Capital Markets.  Prior to starting Alba Capital Markets, Mr. Williams worked at T. Rowe Price from 2000 to 2020. From 2010 to 2019, he served as Head of Global Equity Trading for T. Rowe Price, having built their trading capabilities in Europe and EMEA from 2000-2010. He also served as Head of Global ETF Capital Markets, helping bring T. Rowe Price’s active non-transparent ETFs to market. During his tenure at T. Rowe Price, Mr. Williams sat on many internal Committees including: Chairman of Brokerage Control Committee, Chairman of the Equity Best Execution Committee, and a member of Fixed Income Best Execution Committee, Global Trading Oversight Committee, Counterparty Risk, Product Development Committee, Risk Management Oversight Committee, Valuation Committee, and Diversity and Inclusion Operating Committee. Prior to joining T. Rowe Price in 2000, Mr. Williams was the Head of Multi-Asset Trading ex-U.S. at Invesco.

Contact Us

We look forward to assisting you on any of your trading and best execution needs!

Ari Burstein
President, Capital Markets Strategies
202-904-8480
ari.burstein@capmktstrategies.com
www.capmktstrategies.com

Clive Williams
President, Alba Capital Markets
443-854-9626
albacapitalmarkets@gmail.com