Is IEX Battle Nearing End As Rival Exchanges Adopt Their Technology?

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Mark Melin
Published on
Updated on

Is the IEX battle nearing its end point? Recent movements by rival exchanges, buttressed by the very public outreach of some firms participating in the IEX debate, have raised the specter that the IEX Exchange could be gaining momentum. A key point currently being considered is how rival exchanges once bitterly opposed to IEX methodologies are increasingly “copying” the IEX order type all before the SEC formally rules on the issue.   Is NYSE raising the white flag in the IEX battle when it adopts key technology? Perhaps benchmarking a shifting tide, last week The New York Stock Exchange was seeking…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.