When Intercontinentalexchange Group Inc (NYSE:ICE) took over the New York Stock Exchange, sources say the real prize was in the derivatives component in the business without as much attention being paid to the stock component. Regulators were getting loose on allowing dark pools to enter the market, lightly regulated entities that don’t publishing their trading rules and have often times confusing, some have said “manipulated,” markets.
The technology driving the stock market was ultimately lost to the dark pool HFT contagion, but keeping up with this technical arms race has been trying for many exchanges and speedy traders alike. The NYSE Euronext (NYSE:NYX)’s announced data feed issue is no...

