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iex group, inc.
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Founded in 2012 by Brad Katsuyama and a team of market experts, IEX Group, Inc. was created to address perceived inequities in the stock market caused by high-frequency trading. The company's story was famously chronicled in Michael Lewis's book "Flash Boys." IEX Group's mission is to build fairer markets by designing and operating technology that levels the playing field. Its flagship product is the Investors Exchange (IEX), a U.S. national securities exchange that launched in 2016. The exchange is known for its unique "Speed Bump" technology, a 350-microsecond delay designed to neutralize the speed advantages of predatory high-frequency traders. Beyond the exchange, the company also develops and offers market data and other technology services aimed at improving performance and transparency in the financial industry.
United States
Industry
Technology
Financial