Slowdown Showdown: Exchanges Eye 'Flash Boys' Speed Bumps
Exchanges that objected to IEX becoming an exchange are now planning to introduce their own IEX-style "speed bumps."
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. This theme is particularly evident in the equity markets, where the speed of market data and trade execution are both fast approaching light speed.
But 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
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