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IEX Calls It Quits In The Listing Business
Tuesday, September 24, 2019 - 9:45am | 292IEX, an equity trading venue that sought to equalize the Wall Street playing field, announced Monday that it was shutting down its listing business. The development comes after IEX failed to lure high-profile IPOs. “The legacy exchanges have a strong hold on this market and to succeed we...
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Alternative Stock Exchange IEX Aims To Eliminate High-Frequency Trading Advantages
Monday, March 20, 2017 - 3:10pm | 807It's almost that time of year. The 2017 Benzinga Global Fintech Awards is a competition to showcase the companies with the most impressive technology that are paving the future in financial services and capital markets. To get you prepared for this year's awards, Benzinga will profile each...
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The 'Flash Boys' Stock Exchange Goes Online: Why Individual Investors And High-Frequency Traders Should Care
Sunday, August 21, 2016 - 8:23pm | 619Capital Group is one of the best-known mutual fund managers in the world, having delivered healthy returns for decades. However, over the past few years, the firm has been exploring new paths to increased profits, including the creation of a new stock exchange, the first one ever owned exclusively...
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The SEC Could End This 9-Month Battle In An Upcoming Ruling
Thursday, June 9, 2016 - 8:54am | 448IEX Group is a stock trading venue that gained the national spotlight following Michael Lewis' book "Flash Boys." IEX is a dark pool, or an alternative trading system, based in the United States. The trading venue is unique in the sense that the computer equipment that handles trading is located in...
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The Perils Of High-Frequency Trading For The Uninitiated
Monday, July 20, 2015 - 11:46am | 487Bradley "Brad" Katsuyama, co-founder and CEO of the Investors Exchange (IEX), featured prominently in bestselling financial author Michael Lewis' book on high-frequency trading, "Flash Boys." Katsuyama was on this week's edition of Wall Street Week to discuss how high-...
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What You Need To Know About The Awesome New IEX Exchange
Wednesday, May 28, 2014 - 2:42pm | 1108Most experienced investors have some idea about the significant structural changes that have occurred in the U.S. equity market over the last six to seven years. Regulatory changes and new technology have opened the way for significant fragmentation in the trading of stocks. Today, there are...
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Michael Lewis' New Book: The Stock Market Is Rigged
Friday, March 28, 2014 - 3:00pm | 289Best-selling financial journalist Michael Lewis thinks that the U.S. stock market is rigged in favor of high frequency traders, stock exchanges and large Wall Street banks who utilize speed trading to gain an edge over everyone else. In his newest book Flash Boys: A Wall Street Revolt, Lewis...