• IEX CEO Brad Katsuyama talks about disrupting Wall Street and the power of 'Flash Boys' on the upstart exchange

    7 days ago - By Business Insider

    Brad Katsuyama, the CEO of upstart stock exchange IEX, didn't realize how hard disrupting Wall Street would be.
    Katsuyama, who came to prominence as the star of Michael Lewis ' 2014 best-selling " Flash Boys," said without the book, "I'm not sure if I'm sitting here for a stock exchange right now."
    Katsuyama spoke on Tuesday at Business Insider's IGNITION 2018 conference.
    Disrupting Wall Street is hard.
    Brad Katsuyama, the CEO of upstart stock exchange IEX, just didn't realize how hard .
    "There was a naivety about me in thinking there was going to be a fight, but not fully appreciating how...
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  • WSJ: “Stock Exchanges Are Beating Other Stocks”

    WSJ: “Stock Exchanges Are Beating Other Stocks”

    7 days ago - By Crossing Wall Street

    The WSJ noted that stock exchange stocks have been doing quite well. Yesterday, shares of Intercontinental Exchange reached another new high.
    “Exchanges are sitting in a very pretty place in a lot of ways,” said Brad Bailey, research director for capital markets at Celent in New York.
    Analysts and investors attribute this performance to large swings in stock, bond and currency markets. After historically calm trading conditions last year, a pickup in volumes on higher volatility in 2018 has been a boon to exchanges and market makers-intermediaries who stand ready to buy or sell shares at...
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