IEX CEO Says Listings Business Was More Challenging Than Expected

The video discusses the strategic decision to focus on trading over listings due to challenges in the equity listing market dominated by NYSE and NASDAQ. The company highlights its success in trading, with record profits and market share, and plans to launch new businesses. It also addresses regulatory challenges and the importance of discipline in business decisions.

What was the main reason for the company to abandon its listings effort?

• Lack of interest from companies

• Focus on more impactful areas

• High costs of listing

• Regulatory challenges

How does the company view its trading business in comparison to its listing business?

• More successful

• Equally challenging

• Less impactful

• Less profitable

What is one of the main challenges faced by new entrants in the equity listings market?

• Limited market access

• High listing fees

• Lack of technology

• Dominance of NYSE and NASDAQ

Why does the company view the transaction fee pilot as an opportunity?

• It reduces costs

• It increases market share

• It challenges the maker-taker model

• It simplifies regulations

What role do regulatory changes play in the company's strategy?

• They are considered minor

• They are opportunities for growth

• They are seen as threats

• They are ignored

What is the company's primary focus in its growth strategy?

• Increasing market share

• Reducing operational costs

• Expanding into new markets

• Maintaining discipline and focus

What feedback did the company receive from investors regarding their focus?

• Requests for more information

• Negative feedback

• Indifference

• Positive messages