Daily Archives: June 15, 2016, 8:55 am

Upstart IEX Poised for Approval as New Stock Exchange – WSJ

IEX Group Inc. is poised to win regulatory approval to launch a stock exchange that slows the pace of trading, according to people familiar with the matter, following a decade when government rules and Wall Street’s technology wizards fostered ever-greater speed. The staff of the Securities and Exchange Commission has recommended that the agency approve IEX’s controversial bid, signaling likely…

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