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You think they'll succeed with this third strategy? Are there enough gullible East Gary Fireman's Booster Unions to make it work? It still seems a little far fe
by harryh 13y ago
You think they'll succeed with this third strategy? Are there enough gullible East Gary Fireman's Booster Unions to make it work? It still seems a little far fetched to me. How much will regulations protect Mr. East Gary from shooting himself in the foot when the IEX price moves away from everyone else?
PS: You've probably already watched it, but if you haven't you should really watch the YouTube video on the iextrading.com homepage. It's...really something.
- kasey_junk 13y agoI don't know what their success criteria is. Do I think that they will sweep the markets and become the dominate exchange? Absolutely not. Do they have a chance to drive enough volume to the dark pool to keep their backers execution costs + investment less than their execution costs on other exchanges? Maybe. If they do that though they may have another class of problem. Other investors looking to back them. If broaden that pool it gets harder and harder to keep their execution costs down.