The IEX Exchange And Its Consequences For Investors

The IEX Exchange And Its Consequences For Investors by Larry Tabb, TABB Group CEO

The SEC has approved IEX and the question now is: How will the approval of IEX impact US market structure? TABB Group CEO Larry Tabb has authored a report, “The IEX Exchange: 8 Consequences for Investors,” which answers these questions. Below is Tabb’s accompanying commentary from TabbFORUM.

The IEX Exchange And Its Consequences For Investors

The SEC has approved IEX, warts and all. The question now is: What’s next? How will the approval of IEX impact US market structure?

In my view, investors will rue this day. Spreads will widen, retail investors will be hurt, larger buy-side firms will be disadvantaged, market structure complexity will increase, sophisticated trading...