IEX CEO Says Exchanges Must Be Referees of Fundamentals, Speed

The video discusses the differences in decision-making speeds between machines and humans, highlighting the role of high frequency trading in market volatility. It examines the responsibilities of exchanges in maintaining market stability and the implications of exchange ownership on market dynamics. The video also explores the effects of rebates and discounts on execution quality and outlines IEX's growth and future plans.

What challenges do independent exchanges face in the current market environment?

How does the speaker describe the relationship between trading volume and execution quality?

What future plans does the speaker mention regarding the expansion of their business?