SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold and Silver Miners and the U.S Markets.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Robov4/3/2014 6:27:26 PM
  Read Replies (1) of 1954
 
Works for me as I opened an IB account recently.

Sick And Tired Of Being Frontrun By HFTs? Interactive Brokers Has A Solution

Submitted by Tyler Durden on 04/03/2014 13:30 -0400

Tthe real backlash against HFT begins:

  • INTERACTIVE BROKERS TO OFFER CUSTOMERS ACCESS TO IEX: CNBC
  • INTERACTIVE CUSTOMERS CAN SPECIFY TRADE BE DONE VIA IEX: CNBC
And from CNBC which broke the news:




Interactive Brokers is launching a new service that will for the first time allow retail investors to specify that their orders only go on the new IEX trading platform.



IEX, whose founder Brad Katsuyama is the core character in author Michael Lewis's new book "Flash Boys," has said that its structure is designed to keep high-frequency traders from getting ahead of others' orders.



IEX, which some have called an exchange, does not post public prices and as such is more like a "dark pool" for private trading.



Interactive Brokers is an online discount broker perhaps best known for its founder and CEO, Thomas Peterffy, the Hungarian-born billionaire who stars in the brokerage's commercials.

Should the HFT lobby be worried? Yup.





This is how the Goldman-backed IEX exchange proceeds to slowly take over lit markets, and take all important frontrunnable order flow - the lifeblood of HFTs of course- away from the vacuum tubes.

More about IB here:

zerohedge.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News