Slowdown Showdown: Exchanges Eye Speed Bumps

Three exchanges have filed with the SEC regarding implementing either a delay mechanism or order types similar to what IEX operates, following its approval as a national exchange less than a year ago.

The natural trend in technology is to speed things up. The implementation of a new type of platform or solution usually means quicker, more efficient processes. It’s a theme that’s particularly evident in the equity markets, where the speed at which trades occur has been on a continuous upswing.

But all that changed on June 17, 2016, when the Investors Exchange (IEX) and its 350-microsecond delay gained regulatory approval as a national securities exchange from the US Securities and Exchange Co

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: