IEX Group receive regulatory approval for new stock exchange

The US Securities and Exchange Commission (SEC) has granted regulatory approval to IEX Group's plan to create a new stock exchange. Despite concerns of interrupted trades, the new stock exchange will include a built-in 'speed bump' to automatically check high-speed traders.

By Kat Greene (June 17, 2016, 10:27 PM EDT) -- The U.S. Securities and Exchange Commission gave the go-ahead to IEX Group's plan for a new stock exchange that comes with a built-in "speed bump" to check high-speed traders, despite protests from those traders that the move would interrupt trades marketwide....

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