terry duffy, thank you. complicated times. complicated topics. right through it, rick. great stuff. thank you for that. thanks to terry. >>> a programming note. today at 1:00 p.m. eastern time, three years after the flash crash, a special report on the rise of super power trading. our own jim cramer will play a big part. he was the first to say that the flash crash was caused by a system error three years ago. that is today on "power lunch" at 1:00 p.m. eastern time. >>> think the rally is run out of steam? not so for every stock. they are busy distilling the top five names that still have play in this game. [ male announcer ] there are people who find their own path. and never back down. who believe the american dream doesn't just happen, it's something you have to work for. ♪ we're for those kinds of people. because we're that kind of airline. and we never stop looking for a better way. it's how we've grown into america's largest domestic airline. we are southwest. welcome aboard. we are southwest. a brand new start. your chance to rise and shi

liz: terry duffy feels they have regulated their own exchange perfectly well and he likes to fight the of the regulations because they do it right because i asked if he believes there should be more regulation for the exchanges? >> i am a big believer the of that be it -- bad behavior's coming off the internet there should be more intervention by regulators. liz: there he talked about bloomberg a little bit whether reporters on the bloomberg news side was using a the terminals to snoop to see what the traders were doing to pay for the service. look at the lower band if the dow finishes above 11,275, it will be another record close and that is the third time this week and the 21st record this year so where is the correction so many have called for? dan john joins me now from new york with billions in assets under management. you say don't sell in may and go away but be an active investor? why? >> we are in the process of the great irritation back into equities. piling into bonds and if we think the current rally is occurring so well there could be a small correction we think it is a gre

executive chair and president terry duffy joining me in a fox business exclusive. the man of the year award from the brazilian-american organization for your efforts in technology. >> yeah. in the chamber of commerce, also, that's a big part of it also, liz. yeah, it's very exciting to be here, and we have a huge partnership with the brazilian exchange which has become a dominant player in south america. so i'm very honored to be the recipient of this award tonight. liz: i don't know how you keep all of the trades together, the technology, 300 million trades in a single day through the cme. you look at when the s&p analysts -- what the s&p analysts are saying, they know volume rates are down, but they're also saying once the fed starts to get out of its easing policy, you'll be a men tissue ri. >> we will. liz, and we'll be a beneficiary not just in our interest rate complex, but i actually think we'll be a beneficiary in all of our asset classes. liz: that's a headline here. not just interest rates. >> other asset classes because i think they're dependent on inter

i know terry duffy, the executive chairman, he is a terrific guy, high integrity. if he says it will be fixed it is going to be fixed but the bigger problem, gerri, the structure of markets in this country is upside down. gerri: how so? >> more than 60% of what happens each day happens in dark pools and in, i call them ponds, that no one can swim in. and that's wrong. you know, i look today --. gerri: it is out of public view. people can't see it. they don't know what is going on. individual investors can't play. >> exactly. that is wrong. play. >> in the world or year and a washington every nanosecond of the day transparency become a 60% of the volume trades dark. that's wrong. gerri: 61% of the cme. we have a story this week that there was a flash crash because of a tweet that was fake. we have had high-frequency trader stories. is it any wonder that some 76% of individual investors say, i don't want to invest in stocks. >> how long is that? this coming monday is the third anniversary of the class crash. for your viewers understand the magnitude of what happened