Seeking Alpha December 13, 2018 — Many industry participants accuse the exchange management firms of a conflict of interest, due to their for-profit status. There are two ways to end the serial abuse of stock market participants by the three remaining exchange management firms dominating equities trading: Intercontinental Exchange Inc., Nasdaq Inc., and Chicago Board Options Exchange. SEC Commissioner Robert Jackson chronicles this abuse of market participants by exchanges in his inaugural speech here. See also Letter of Healthy Markets Association to Sec. & Exch. Comm’n, Petition to Address Conflicts of Interest, Complexity, and Costs Related to Market Data (Jan. 17, 2018) Full Story.
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