IEX to Begin Trading as 13th U.S. Stock Exchange

The video discusses the launch of IEX as a stock exchange, its strategic rollout, and the competitive responses from other exchanges like NASDAQ. It highlights IEX's transition from a dark pool to a full-fledged exchange, gaining privileges such as listing publicly traded companies. The video also addresses the controversy surrounding IEX's 350 microsecond speed bump, a feature designed to protect investors, and its impact on the market. Finally, it touches on IEX's current market share and its aspirations to compete with larger exchanges.

What is the primary reason for IEX's slow rollout as a stock exchange?

• Due to regulatory restrictions

• To avoid competition

• Because of financial constraints

• To test their systems gradually

What new capability does IEX gain by becoming a full-fledged exchange?

• Ability to trade cryptocurrencies

• Offering lower trading fees

• Listing publicly traded companies

• Providing real-time data analytics

What is the key feature of IEX that has been controversial?

• Zero trading fees

• High-frequency trading

• 350 microsecond speed bump

• Exclusive trading algorithms

Why did the SEC approve IEX's controversial feature?

• It enhances market transparency

• It was deemed acceptable despite debates

• It aligns with international standards

• It reduces trading costs

What is the current market share of IEX?

• 20%

• 10%

• 5%

• Less than 2%