The brokers abusing captive clients and raking in secret profits by selling customer order flow to HFT abusers, just lost their favorite cash cow. With the approval of IEX as an alternate exchange, customers now have a free market option that puts meaning back in the “best execution’ standard…
Joe Saluzzi, partner at Themis Trading, discusses the decision by the Securities and Exchange Commission to approve IEX Group as a U.S. stock exchange. Here is a direct video link.
There is a revolution coming, and according to Don Tapscott, it’s going to dramatically change how the world operates. In his new book ‘Blockchain Revolution,’ Tapscott says blockchain, the underlying technology of bitcoin, represents the second generation of the internet. In an interview with Bloomberg TV Canada, he tells host Amanda Lang how blockchain enables us to send money directly and safely from me to you, without going through a bank, credit card company or government. And that’s why it has the potential to upend major industries, everything from finance and business to music and film. Here is a direct video link.
Brad Katsuyama, chief executive officer at IEX Group, discusses the company’s approval by the Securities and Exchange Commission as a U.S. stock exchange, criticism and threatened lawsuits from competitors, and the potential for slowing down high-sped trading. Here is a direct video link.
