Building an exchange – the hard way
IEX has officially been cleared to launch as a stock exchange beginning today, but how did this ATS, described as a “Crusader against the system” get this far?
IEX has officially been cleared to launch as a stock exchange beginning today, but how did this ATS, described as a “Crusader against the system” get this far?
CEO says SEC did not carry out responsibility, as the exchange launches extended life orders in response to IEX’s speed bumps.
William Donaldson, former CEO at NYSE and chairman at the SEC has joined the board of directors at IEX.