This is getting ugly.

IEX― a trading venue made famous by Michael Lewis’ “Flash Boys” – and the New York Stock Exchange have gotten into a messy war of words over IEX’s exchange application.

The latest installment of this back-and-forth battle arrived Thursday.

In an earnings call Thursday, Jeffrey Sprecher, chairman and CEO of ICE, which owns the New York Stock Exchange, said that IEX would become a “regulated monopoly” if it were to become an exchange, according to Lisa Beilfuss and Bradley Hope over at The Wall Street Journal.

“I don’t think it’s fair. It is un-American and not read more >>>

Source : BusinessInsider.Com