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CODA aims to increase investment returns for participants by taking time out of the trading process. We pioneered the development of on-demand auction markets that eliminate the costs associated with shaving sub-seconds or preventing information leakage in order placement. Our markets facilitate hundreds of thousands of competitive stock auctions every day, anchored by billions of shares of unique on-demand aggregated liquidity.codamarkets.com CODA Markets®, Inc. Member FINRA, SIPC and wholly owned by PDQ Enterprises, LLC.