| IEX Group, Inc. (IEX), today announced that it will launch a U.S. options exchange to partner with liquidity providers to uniquely tackle risk management challenges experienced in the options markets, pending regulatory approvals. This new options exchange will bring IEX's suite of order protection innovations to better address the needs of market makers.
IEX President, Bryan Harkins, commented on the planned launch, "We are focused on understanding the challenges of our Members and having discussions with market participants to guide our entry into the options market. IEX's experience and expertise in understanding the needs of liquidity providers provides a great foundation as we begin to offer options market makers a set of tools designed to drive performance."
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