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Very helpful explanation! That said, it should be mentioned that the "rich guy"/"institutional investor" includes various pension funds. "In a letter urging t
by chrisbennet 10y ago
Very helpful explanation!
That said, it should be mentioned that the "rich guy"/"institutional investor" includes various pension funds.
"In a letter urging the SEC to approve IEX as a full exchange, the Teacher Retirement System of Texas, a pension fund that manages more than $125 billion, suggested that trading through IEX could save the system millions of dollars a year."