Investment: Rise of the DIY algo traders

Will tech-savvy amateurs be able to consistently beat the market and take on the hedge funds? (Financial Times)

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Launch of ‘Flash Boys’ exchange IEX will test its philosophy

After all the regulatory hand-wringing, traded barbs, TV fights and the book, IEX will launch as a stock exchange beginning on Friday. It is a landmark moment for a trading start-up that has railed against the status quo of the world’s largest stock market. Backed by investors including mutual funds, hedge funds and venture capitalists, Investors Exchange now takes its place among the likes of the New York Stock Exchange and Nasdaq. (Financial Times)

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