December 17, 2015
I left Wall Street in 2009. I sat on a Reg NMS oversight committee in 2008 09. Unbeknownst to us, the firm's order flow had been used in a negotiation that ended up compromising the quality of fills for customers. After learning the details, it became obvious that once again, Wall Street had hoodwinked the public and regulators and found yet another way to leverage other people's money at the expense of the investors they should be protecting.
IEX is the embodiment of the transparency that regulators talk about, but rarely deliver. Now is the time.
I'm happy to provide you more detail of my experience. 415.332.3300