The US Securities and Exchange Commission has greenlighted IEX’s plan to launch “IEX Options”. The SEC said: “After careful review, the Commission finds that the Exchange’s proposal, as modified by Amendment No. Citadel Securities, as well as other large market makers and exchanges argued the delay/ORP would enable quote “fading” and harm investors and urged the SEC not to approve. IEX, smaller market makers, and academics said it would curb latency arbitrage and improve displayed liquidity. Read more : Citadel routing argument vs IEX “doesn’t hold weight”, academics sayBrad Katsuyama, founder and CEO of IEX Group said to Global Trading: “We appreciate the SEC’s review and approval of the IEX Options proposal and thank the broad range of industry participants who went on the record in support of our options filing.