Exchanges that objected to IEX becoming an exchange are now planning to introduce their own IEX-style "speed bumps."
Dan offers some final thoughts on the divisive issue of exchange speed bumps as the curtain comes down on his Waters tenure and he prepares for pastures new, although not far away—he joins the Risk staff at the beginning of May.
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.
Worried about market volatility? Thankfully, there are plenty of tools and experienced professionals to help you through any uncertainty.
CXH hits back at claims that its liquidity-taking delay is designed to garner more market data revenues for the exchange.
Industry members disagree over the merits of CHX's 350-microsecond speed bump currently awaiting regulatory approval.
The Commission extends its deadline for a decision to December 21.
Dan and Anthony touch on eight different stories that broke this week in the fintech world.
CSX handles about 0.5 percent of U.S. stock trading.
Support for all US protected markets will allow users to calculate best bid and offer prices at lower latency.