Long Term Stock Exchange
As a sign of the evolving U.S. equity trading landscape, two startups and one options exchange operator plan to launch as many as three new exchange platforms in 2020, and a fourth could be waiting in the wings. Emphasizing the need for competition and innovation in US equity market structure, new entrants have downplayed the increased connectivity costs and additional fragmentation of orders across trading venues.
Several startups are planning to launch either new venues or order types, and even listing standards, to solve problems in US equity trading. FlexTrade’s Ivy Schmerken investigates.