IEX Group Inc. is in the final stages of submitting its formal application to the U.S. Securities and Exchange Commission to become a full-fledged stock exchange. Citing people familiar with the developments, The Wall Street Journal reports the upstart private trading venue will apply for exchange status within two weeks. IEX eyeing exchange status for some time As reported by ValueWalk, IEX Group Inc. announced last September that it had raised $75 million from firms such as Bain Capital Ventures and Spark Capital, and the funds would facilitate its efforts to become a registered U.S. stock exchange. Interestingly, last year,…
IEX Group Poised To Become Full-fledged Stock Exchange
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports