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On behalf of the entire IEX team, I would like to sincerely thank you all for supporting us throughout our application to become an exchange. We are thrilled that the SEC has approved our Exchange Filing which puts us on track to commence a symbol-by-symbol roll-out on August 19th, concluding on September 2nd.
It's been quite a journey from working in a windowless room with no money in 2012, to launching our ATS, and now completing the lengthy (and I'm sure for many…tiring) Form 1 process.
We have faced several obstacles along the way and we learned along the way, but we hope our partners realize that our team's hearts and minds are in the right place – our goal is to bring real competition to the exchanges by challenging the rising cost model for data and technology while also protecting investors and delivering superior execution quality.
The IEX team is extremely excited about the road ahead, and we are grateful to be in the position to improve fairness, simplicity and transparency in our industry.
Thank you again for your support.
Brad
