Investors Exchange Launch on Friday, August 19

IEX Trading Alert #2016 - 042

Overview

IEX is confirming that all pre-launch validations are complete and IEX will launch Investors Exchange tomorrow, Friday, August 19, 2016. Please refer to the Exchange Launch page for reference materials, a detailed schedule, and frequently asked questions.

VG and WIN will transition to Investors Exchange tomorrow, August 19. The complete security-by-security phase-in schedule is below.

Transition Schedule

  • Exchange Pre-launch Period Begins
    • Test Symbols (CBO, CBX, ZBZX, ZJZZT, ZTEST, ZVV, ZVZZT, ZWZZT, ZXZZT)
    • TOPS v1.5 Launched for Test Symbols
  • 5th Member Testing Opportunity
  • Exchange Launch Date, Phase-in Period Begins; TOPS v1.5 Phase-in Begins
    • Two non-test securities (VG, WIN)
    • Ten non-test securities (VALE.P, VG, VHC, VIAV, VIP, VLY, WIN, XOMA, YINN, ZIOP)
    • All symbols starting with 'Y' - 'Z', VALE.P, VG, VHC, VIAV, VIP, VLY, WIN, XOMA
    • All symbols starting with 'V' - 'Z'
    • All symbols ('A' - 'Z')
  • Exchange Phase-in Period ends, ATS Ceases Operation

Each morning IEX will publish a list of eligible symbols on the website identifying the symbols trading on either the IEX ATS or Investors Exchange. Additionally, TOPS v1.5 will only publish top of book quotations and last sale information for securities on Investors Exchange.

More Information

Please contact IEX Market Operations or Sales with any questions:

About IEX

IEX is on a mission to build fairer markets. Founded in 2012 and headquartered in New York City, IEX introduced its first trading venue in 2013 and launched as a U.S. stock exchange in 2016. IEX is the stock exchange that believes that every investor has the right to trade on equal and fair terms, on every trade. Learn more at: iextrading.com.