Jamil Nazarali shared three things crypto can learn from traditional finance on the “Markets of the Future” panel at the FIA, Inc. Expo 2002 Conference in Chicago.

• Exchanges should focus on matching orders so that investors get their orders executed at the best available price in the market. Anything more creates conflicts of interest and may result in worse prices for customers
• Just because tech that can enable it, doesn’t mean it is the best way to trade: for example, real-time settlement sounds good in theory but is expensive and capital inefficient and provides very little additional benefit 
• Reducing costs to trade drives huge volume growth and benefits the entire industry–we’ve seen this many times, most notably during the elimination of fixed commissions, introduction of decimalization and elimination of online trading commissions