Symbols Starting with 'V' - 'Z' Transition to Investors Exchange on Wednesday, August 31

IEX Trading Alert #2016 - 047

Overview

On Wednesday, August 31, IEX will continue the security-by-security phase-in by transitioning the 'V' - 'Z' symbol range to Investors Exchange.

Please refer to the Exchange Launch page for additional reference materials, a detailed schedule, and FAQs. The complete security-by-security phase-in schedule is provided below.

As a reminder, ATS Data Subscribers who are not approved Investors Exchange Data Recipients will have their access to TOPS v1.4 terminated on Friday, September 2, 2016. See below for additional details.

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

TOPS v1.4 Access

Per IEX Trading Alert #2016-039, access to TOPS v1.4 will be terminated for ATS Data Subscribers who are not Investors Exchange Data Recipients on Friday, September 2, 2016. To continue receiving TOPS v1.4 data, users should complete and submit the Exchange Data Agreements and Forms before Friday, September 2. If a user has not been approved as a recipient of Investors Exchange data before Friday, the user will not be eligible to receive data from Investors Exchange until approval is granted.

Please also note that TOPS v1.4 will remain as a real-time market data source until December 16, 2016, at which point it will be retired. Recipients of TOPS v1.4 must migrate to TOPS v1.5 before December 16, 2016.

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.