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The regulator has also issued a guidance on speed bumps and will be evaluating their impact.
After a four-year journey, the IEX Group has secured the SEC’s approval to launch a new securities transaction exchange that will allow speed bumps against high-frequency trading (HFT) that in theory will allow for a more level playing field, particularly for buy-side firms that have been burned by HFT firms. Late last week, the SEC...
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