• 'IEX has sunk to a new low': NYSE blasts upstart rival's claims that it's misleading its listed companies in brutal letter

    7 monthes ago - By Business Insider

    The debate over rebates tearing apart Wall Street has gotten even more heated.
    In a new letter, NYSE is blasting IEX's accusations that it is misleading listed companies.
    Just when we thought the war tearing apart Wall Street couldn't get any more heated, it just did.
    The New York Stock Exchange has submitted a brutal letter to the US Securities and Exchange Commission, responding to accusations made by IEX in its own comment letter about a pilot that would shake up US stock trading.
    The so-called transaction fee pilot would ban exchanges in certain instances from using rebates, which are...
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