New Stock Exchange Aimed At Stemming High Speed TradesPlay
Three hundred and fifty microseconds may not sound like very long, but it is in the world of stock trading. That is the length of a time delay that has been imposed on a new U.S. stock exchange.
It's called IEX, and the aim is to create a speed bump to slow the amount of high speed trading. Here & Now's Peter O'Dowd looks at how the new exchange will work with Jill Schlesinger of CBS News.
Jill Schlesinger, business analyst with CBS News and host of Jill on Money. She tweets @JillOnMoney
This segment aired on June 20, 2016.