(The Street) “IEX is portraying itself as a firm that levels the playing field against fast-trading firms,” Griffin said at the annual SALT hedge fund conference. “But what is interesting is the way the market structure works is that the fastest firm still wins the trade. Everyone faces the same delay in execution time – it’s a level playing field. The fastest firm wins…..”
Hedge Fund Titan Griffin Strikes Back in Battle Over High-Speed Traders
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