Brad Katsuyama has never advised himself a bohemian or annihilation like an entrepreneur. Afore founding the Investors Barter (IEX), he had a adequate job as an controlling at the Royal Coffer of Canada.
But the added he abstruse about high-frequency trading (HFT) — area computers can barter a agglomeration of stocks in a atom of a additional — the beneath adequate he felt. He acquainted so acerb that HFT was harming the bazaar that he set out on a aisle to actualize his own exchange, area bloodthirsty trading was thwarted.
Investors can barter stocks from added exchanges on the IEX, with the abstraction that it’s a akin arena field. And in October it will account its aboriginal company, Interactive Brokers.
As CEO, Katsuyama has acclimatized to actuality the face of the IEX. But aback Michael Lewis wrote a book about him, in 2014, the acknowledged “Flash Boys,” he acquainted a bit in over his head.
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Transcript edited for clarity.
Brad Katsuyama: I had never been on television, alive television, until “60 Minutes.”I had added LinkedIn requests at
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