FORECAST
Facebook Twitter
  • Embed
  • Copy Link
    •
  • Approval
  • Set Reminder
  • Share private question
  • Unsubscribe from question
  • View Metaculus Prediction (free)
  • {{qctrl.question.communityIsHidden ? 'Show' : 'Hide'}} Community Prediction
  • Unmake your prediction
    •

    Your submission is now in Draft mode.

    Once it's ready, please submit your draft for review by our team of Community Moderators. Thank you!

    Your essay is now in Draft mode

    Once you submit your essay, it will be available to judges for review and you can no longer edit it. Please make sure to review eligibility criteria before submitting. Thank you!

    Submit Essay

    Once you submit your essay, you can no longer edit it.

    Pending

    This content now needs to be approved by community moderators.

    Submitted

    This essay was submitted and is waiting for review by judges.

    Will the SEC approve the IEX's application to operate as a registered exchange?

    Created by greg-admin on {{qctrl.question.created_time | dateStr}}.

    Question

    The development of the new IEX exchange was a central theme in Michael Lewis' controversial 2014 book Flash Boys, which describes aspects of computerized high-frequency trading of stocks.

    A stated aim of the IEX Exchange is to provide a level playing field for all market participants through the implementation of a 350 microsecond delay between order submission and execution.

    IEX has been operating as an Alternative Trading System since October 2013. In September 2015, it applied to the U.S. Securities Exchange Commision for approval to operate as a Registered Exchange. The application generated a large amount of public comment, with arguments being placed both in favor of and against IEX's plans.

    The SEC was scheduled to issue a decision statement on IEX's application on Dec. 21st, 2015. On Friday December 18th, however, it announced that IEX has approved a delay until next March 21st for a final decision.

    On March 21, 2016, will the SEC grant approval for IEX to operate as a Registered Securities Exchange? In order for the question to be resolved as yes, any amended version of IEX's application must retain the critical feature in which the 350 microsecond delay is placed between order submissions and executions.

    Categories:
    Technology – General

    Make a Prediction

    Prediction

    Note: this question resolved before its original close time. All of your predictions came after the resolution, so you did not gain (or lose) any points for it.

    Note: this question resolved before its original close time. You earned points up until the question resolution, but not afterwards.

    This question is not yet open for predictions.

    Current points depend on your prediction, the community's prediction, and the result. Your total earned points are averaged over the lifetime of the question, so predict early to get as many points as possible! See the FAQ.

    Metaculus help: Predicting

    Predictions are the heart of Metaculus. Predicting is how you contribute to the wisdom of the crowd, and how you earn points and build up your personal Metaculus track record.

    The basics of predicting are very simple: move the slider to best match the likelihood of the outcome, and click predict. You can predict as often as you want, and you're encouraged to change your mind when new information becomes available.

    The displayed score is split into current points and total points. Current points show how much your prediction is worth now, whereas total points show the combined worth of all of your predictions over the lifetime of the question. The scoring details are available on the FAQ.

    Thanks for predicting!

    Your prediction has been recorded anonymously.

    Want to track your predictions, earn points, and hone your forecasting skills? Create an account today!

    Track your predictions
    Continue exploring the site
    random question question list