IEX (Investors Exchange)

The Investors Exchange (IEX) is a stock exchange designed to improve fairness and transparency in trading. It operates as a marketplace where investors buy and sell shares of publicly listed companies. IEX focuses on reducing unfair advantages held by high-frequency traders by implementing rules like a slight delay in data transmission, which helps ensure all traders have a more equal opportunity to execute orders. Its goal is to create a fairer environment for individual investors and institutions alike, promoting integrity and confidence in the stock trading process.