IEX Group Poised To Become Full-fledged Stock Exchange

IEX Group Inc. is in the final stages of submitting its formal application to the U.S. Securities and Exchange Commission to become a full-fledged stock exchange.

Citing people familiar with the developments, The Wall Street Journal reports the upstart private trading venue will apply for exchange status within two weeks.

IEX eyeing exchange status for some time

As reported by ValueWalk, IEX Group Inc. announced last September that it had raised $75 million from firms such as Bain Capital...

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