A "speed bum" plan for orders on the New York Stock Exchange
NYSE has said NYSE American will have a similar model as IEX Group's Investors' Exchange
- Including a 350-microsecond delay
- Except it will have electronic market makers with obligations to ease the trading of NYSE American-listed stocks
- U.S. Securities and Exchange Commission approved NYSE's speed bump in a regulatory filing on Tuesday, making it the second U.S. exchange with an artificial delay.
