Comment on Some of the biggest investors in the business just endorsed the trading hero made famous in 'Flash Boys'

Some of the biggest investors in the business just endorsed the trading hero made famous in 'Flash Boys'

IEX Group, the stock-trading venue at the center of Michael Lewis' book "Flash Boys," has just received the backing of a slew of big-name investors. The trading venue, led by Brad Katsuyama, uses a 350-microsecond "speed bump" designed to level the playing field between hyper-fast traders and ordinary traders. IEX filed with the Securities and Exchange Commission in September to become a stock exchange.

 

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