IEX Exchange facilitates the trading of U.S. equities, combining a transparent business model with innovative design and technology.
We are focused on performance: driving superior execution quality for broker-dealers and investors with game-changing technology, data, experience, and expertise.
38 miles of coiled cable that incoming orders and messages must traverse before arriving at the exchange’s matching engine.
Creating a level playing field where the exchange can be a fair referee for trading.
A mathematical formula developed with machine learning. The Signal is built to identify moments when a stock’s price is unstable and is incorporated into a number of order types that are designed to protect orders while the price is changing.
IEX Exchange offers products designed to facilitate stable trades at the midpoint, which is often considered the fairest price.
IEX Exchange offers tools, programs, and technologies to help our Members achieve their performance goals.
Read, watch, and listen to insight and content from the experts at IEX.
IEX Exchange is a national securities exchange, facilitating the trading of U.S. equities. We are focused on client performance: driving superior execution quality for broker-dealers and investors through innovative technology and design.
We are known for our advocacy and transparency on key market structure issues, from market data to exchange business models.
While working at the Royal Bank of Canada (RBC), the global electronic trading team led by Brad Katsuyama, Ronan Ryan, John Schwall, and Rob Park discovered that stock exchanges were enabling predatory trading strategies that were harming long-term investors such as mutual funds and pension funds that represent the savings of millions of Americans. Ultimately, the traders and technologists decided to team up and build a new exchange that put the interests of investors first: The Investors Exchange.
38 miles of coiled cable that is designed to create a level playing field where the exchange can be a fair referee for trading.
A mathematical formula integrated into a number of IEX Exchange order types that are designed to protect orders while the price is unstable.
We've built strong relationships across the financial services industry, partnering with brokers and investors to help them achieve their performance goals and address trading challenges.
We also look to our clients and other industry stakeholders to partner with us to build a stronger, more aligned financial system. Our advisory committees convene a diverse set of partners from across the investing ecosystem to inform our priorities and thinking around industry topics.
