Today’s (sleeper) day trading stocks - trading room stats: 4 Trades, 3 Wins, 1 Loss - Overall: $2.73
7/31/2013
Upstart Pitches Trading Sanctum – Wall Street Journal
7-30-2013 – trading platform, IEX Group, new exchange model to avoid “predatory
High Frequency Trading”?
The Securities and Exchange Commission is
investigating whether stock exchanges have provided high-speed traders
advantages over regular investors.
Read this link now - http://goo.gl/ymns1d
Source: Philip Montgomery for the Wall Street Journal –
President and CEO of IEX Group, Brad Katsuyama
IEX Chief Executive Brad Katsuyama, who spent about a decade
designing sophisticated trading systems in New York for Royal Bank of Canada,
says large money managers have become disillusioned with stock exchanges
catering to high-speed clients.
IEX's ambition, he says, is to "provide a common
place" for such investors to trade in relative safety by curbing the
ability of quick-draw firms to detect large orders and trade ahead of them.
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