IEX Group, Critical of Wall St., Gains Approval for Stock Exchange

IEX Group, Critical of Wall St., Gains Approval for Stock Exchange

America is getting a new stock exchange from the most prominent critics of high-frequency trading.

After months of delays and a brutal lobbying battle that divided Wall Street, the IEX Group won approval on Friday from the Securities and Exchange Commission to become the nation’s 13th official stock exchange.

IEX Group, Critical of Wall St., Gains Approval for Stock Exchange

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