As long as they don't install a second shorter cable, and have the software route to the second cable. The entire thing is a dog and pony show for retail investors who are even bigger suckers than the idiots running IEX. If the speed bump is for everyone and can't be removed then how do PEG orders bypass it? Are PEG orders some kind of magic that travels faster than light?
Pro Tip: If a large financial institution tells you they are protecting you, they are bald faced lying to you and you are about to get a serious lesson in business.
The same idiots who tell you that IEX is a good thing will also sell you actively managed mutual funds that A) under perform vanguard and B) seriously under perform once you subtract fees.
Pro Tip: If a large financial institution tells you they are protecting you, they are bald faced lying to you and you are about to get a serious lesson in business.
The same idiots who tell you that IEX is a good thing will also sell you actively managed mutual funds that A) under perform vanguard and B) seriously under perform once you subtract fees.