Trading

Exchange status just the start for IEX Group

The alternative US equity venue has been challenging the status quo in trading. But its story won't stop at becoming a fully-fledged exchange, CEO tells London conference

IEX Group chief executive, Brad Katsuyama
IEX Group chief executive, Brad Katsuyama Photo: Getty Images

IEX Group is planning its next tricks.

The alternative US equity trading venue - made famous by Michael Lewis's 2014 book Flash Boys - has already challenged the status quo by slowing down trading rather than speeding it up and is about to apply for registered exchange status in the US, a move that will allow it to list stocks for the first time.

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