The controversial speed bump was opposed by some of the markets most active participants and industry lobby groups.
Following intense debate among market participants on the extensive costs of market data, incumbent exchanges could soon have less power over the consolidated tape in the US.
The most active trading members at IEX will be charged $100 to access additional logical ports as of October.
LP² four millisecond delay mechanism will be applied to the Cboe EDGA exchange to protect market makers from HFTs.
Kara Stein to join IEX board of directors after completion of term as SEC commissioner in January.
IEX becomes first exchange operator to disclose its costs with the detailed report revealing incumbent exchanges are grossly marking up fees.
A roundtable hosted by the SEC with high-profile market participants highlighted just how divided Wall Street and regulated exchanges are on the issue of market data and access to exchanges, writes Hayley McDowell.
Legal battle between Nasdaq and IEX heats up as IEX looks to dismiss Nasdaq’s patent infringement claims.
Sara Furber named CFO as BAML’s former executive vice chairman joins IEX as head of corporate advisory.