IEX

Who Benefits From Market Speed Bumps? The Exchanges

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Since the election, stock prices have risen sharply on hopes that a wave of pro-growth policies under Donald J. Trump will drive up equity prices even further. But Mr. Trump’s administration will soon face a trend that threatens to move the long-term benefits found in stock markets away from investors and toward exchanges. Continue reading …

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Stock Market

My latest on CNBC: Why the SEC should just say ‘no’ to IEX

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By UCLA Professor Avanidhar Subrahmanyam and University of Alaska Professor Holly Bell   Since IEX submitted an application last year to the SEC to become a public stock exchange, a big debate has erupted about a seemingly small time frame — 350 microseconds. IEX’s proposed exchange would implement an intentional delay of 350 microseconds to …

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