And so at long last, the exodus away from double-dealing traitor exchanges begins to broaden…long time coming. Nice to see. As I have mentioned several times, if exchanges wish to cater to HFT clients then those exchanges should be left with only HFT clients to work with. Trade your brains out. Investment capital will choose to transact in places where it can be treated with the transparency, fairness and free market principles it deserves.
Interactive Brokers is launching a new service that will for the first time allow retail investors to specify that their orders only go on the new IEX trading platform. Here is a direct video link.