Re:'Flash Boys' IEX stock exchange opens for business
by chrisbennet on Saturday August 20, 2016 @07:41AM
(#12326123)
Very helpful explanation!
That said, it should be mentioned that the "rich guy"/"institutional investor" includes various pension funds.
"In a letter urging the SEC to approve IEX as a full exchange, the Teacher Retirement System of Texas, a pension fund that manages more than $125 billion, suggested that trading through IEX could save the system millions of dollars a year."
That said, it should be mentioned that the "rich guy"/"institutional investor" includes various pension funds.
"In a letter urging the SEC to approve IEX as a full exchange, the Teacher Retirement System of Texas, a pension fund that manages more than $125 billion, suggested that trading through IEX could save the system millions of dollars a year."