About Investors Exchange
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 the stock exchanges were enabling predatory trading strategies that were harming long-term investors representing the savings of millions of people.
Ultimately, the team decided that the best way to change the system was to build a new exchange from scratch that would put the interests of investors first: The Investors Exchange.
IEX debuted as an Alternative Trading System in 2013, and then launched The Investors Exchange as a national stock exchange for U.S. equities in 2016. The story behind the founding of IEX was chronicled in Michael Lewis’ 2014 book, Flash Boys: A Wall Street Revolt… Continue reading about Investors Exchange here.