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TradeStation to be first retail online broker member of IEX

First Published 18th August 2016

TradeStation approved as first retail online broker member of new IEX Stock Exchange.

TradeStation, an online broker-dealer and futures commission merchant, has been approved as the first retail online brokerage member firm of the Investors Exchange (IEX), which was recently approved to become the nation's thirteenth registered national securities exchange.

The SEC approved IEX's application to become a registered national securities exchange on June 17, 2016, and IEX has announced it will begin a security-by-security phase-in period on August 19th and plans to commence full operations as a national securities exchange on September 2nd.

TradeStation currently offers customers direct market access to the IEX Alternative Trading System (ATS), and will continue to offer customers direct market access to the Investors Exchange on the September 2nd exchange launch.

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