A 350-millisecond delay can help long-term investors get equal footing with high-frequency traders, argues IEX's CEO.
350 millionths of a second can make quite a difference.
A critic of high-frequency trading is trying to launch a new stock exchange.
The President and CEO of IEX says innovation could right market wrongs.
The upstart, alternative system will attempt to become a regulated exchange.
The firm is in talks to raise money to become a new financial exchange.
