December 15, 2015
Dear SEC member,
Thanks for reading my comments. I would not want to repeat what has been said so accurately by Mr. Hunsader (founder of nanex llc), Joe Saluzzi of themis trading, and Michael Lewis despite being a well know novelist have been unquestionably and verifiably correct on the damage high frequency trading. High-frequency trading or high-frequency traders as defined under the context that they have a significant speed advantage and have a direct feed to the exchanges while all the other consolidated feeds and subscribers of those consolidated feeds actually fall behind. We not only we not only urge you but also bestow upon you the duty to do The right thing of approving an exchange that will actually help investors and the US economy as a whole by leveling the playing field. Not so surprisingly citadel and other prominent HFT have commented up to multiple times against allowing IEX to be an exchange. Now their choice being against IEX is also their right, but they're right should not deter the average investors from actually getting a good fill, and freedom from being prayed upon by predatory high-frequency trading practices.
Please do think about the investors who are