Citadel Securities Asks 11th Circ. To Scope SEC's IEX Order
By Katryna Perera ( October 21, 2025, 10:25 PM EDT) -- Citadel Securities has petitioned the Eleventh Circuit to review the U.S. Securities and Exchange Commission's recent approval of a new options exchange called IEX Options, following a comment letter the broker-dealer sent to the regulator stating that IEX "seeks approval for an unprecedented quote-canceling scheme in the U.S. options market."...
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