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Advocating for open access to markets, transparency, and data-driven policy.

Our Mission

To unite principal trading firms in addressing shared challenges, shaping sound public policy, promoting understanding of their positive market role, and advocating for fair, transparent, and cost-effective global market access.

Our Members

Membership in PTG is limited to firms trading their own capital in exchange-traded markets.

PTG Leadership

W. Graham Harper

DRW Trading

Chairman

Matt Haraburda

XR Trading

Director

Jonah Platt

Citadel Securities

Director

Joanna Mallers

PTG

Secretary/Treasurer

Liam Smith

Optiver US

Director

Daniel Reicher

Jump Trading

Director

Rob Creamer

Geneva Trading

Director

Adam Nunes

Hudson River Trading

Director

Committees & Working Groups

PTG committees & working groups are at the core of our advocacy efforts. Committees & working groups discuss key issues, inform PTG policy, and communicate with internal and external stakeholders.

  • 13f-2 Reporting

  • 24-7 Trading

  • 25G Migration

  • AI

  • CAT Implementation

  • Compliance Networking

  • Cyber

  • Digital Assets

  • Event Contracts and Prediction Markets

  • Equity Market Structure

  • Equity Options

  • Finance

  • FTC Non-Compete Proposal

  • Liquidity

  • Market Access

  • OPR Review

  • Perpetual Contracts

  • Reg SHO Reform

  • Taxes and User Fees

  • Treasury Market Structure

Inactive Groups

  • Automated Trading

  • Batch Auctions

  • Block Trades

  • CCP Default Auctions Working Group

  • CFTC Concept Release

  • CFTC Reauthorization

  • Cyber Risk

  • Cybersecurity

  • Diversity

  • Drop Copy White Paper

  • Exchange Market Data Dissemination

  • Exchange Risk Controls Survey

  • Expansion of Regs ATS and SCI Proposal Working Group

  • FINRA Algo AP Registration Proposal

  • FINRA Corporate Block Reporting Proposed Pilot

  • FINRA Registration

  • FINRA Rule Book Review

  • FINRA TAF Exemption Proposal

  • Implied Pricing

  • Market Data License Agreements

  • Market Data Working Group

  • New Member Recruiting

  • Operations

  • Response to Joint Staff Report on the U.S. Treasury Market on Oct. 15, 2014

  • Returning-to-the-Workplace Issues

  • SEC Reg-SCI Proposal

  • SEC Required FINRA Membership Proposal

  • Securities Clearing House Risk Management Review

  • SEF Rule Proposal 2018

  • Self-Match Prevention

  • Self-Match Prevention Technology Standards

  • Software Development White Paper

  • Swap Dealer Capital

  • Swaption National Value Computation Methodology

  • Tax Reform 2017

  • Trading Technology Standards Group

PTG Annual Reports

Celebrating 15 years of advocacy, PTG continues to champion transparent, efficient, and resilient markets. From Treasury clearing and CAT funding to AI, 24-hour trading, and digital asset regulation, PTG works closely with policymakers and regulators to shape the future of global markets and highlight the essential role of professional liquidity providers.

Contact

Thank you for contacting us. We will be in touch soon.

©2025 PTG

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