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Marketplace

Back to the budget brink

Jul 18, 2019

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The Source Code

The Source Code: Brad Katsuyama

by Molly Wood Sep 19, 2018
The former trader started his own stock exchange, IEX, to address his concerns about high-frequency trading.
IEX Group President and CEO Bradley Katsuyama, right, and Notre Dame finance professor Robert Battalio prepare to testify before the Senate Homeland Security and Governmental Affairs Investigations Subcommittee about high-speed stock trading in 2014.
Chip Somodevilla/Getty Images
Marketplace Tech Blogs

The business case for a stock market speed bump

by Molly Wood Sep 19, 2018
A 350-millisecond delay can help long-term investors get equal footing with high-frequency traders, argues IEX's CEO.
Bradley Katsuyama, IEX Group president and CEO, testifies before the Senate Homeland Security and Governmental Affairs Investigations Subcommittee about high-speed stock trading in U.S. markets on Capitol Hill in 2014.
Chip Somodevilla/Getty Images

New trade venue is in talks to become a full-fledged financial exchange

by David Brancaccio May 28, 2014
The firm is in talks to raise money to become a new financial exchange.

Glitches that abruptly bring markets to a halt are on the rise

by Molly Wood Sep 11, 2013
Competing algorithms could be the culprit. And a new study says they're on the rise.

August is the month for high speed trading disasters

by David Brancaccio Aug 28, 2013
High speed trading is behind this month's errors in financial markets.