IEX (Investing Exchange)

IEX (Investors Exchange) is a securities exchange designed to facilitate fair and transparent stock trading. It was created to reduce certain practices—like high-frequency trading—that can disadvantage investors. IEX uses technology that prioritizes equality, ensuring all traders have fair access to market information and execution speed. It operates similarly to other stock exchanges but emphasizes honest trading and transparency, aiming to provide a level playing field for individual investors, institutions, and companies. IEX became well-known after featuring in the book and movie "Flash Boys," highlighting its focus on fair trading practices.