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.