IEX poaches trading expert amid effort to become stock exchange

IEX got the jump on one of the biggest names in high-speed trading. Brad Katsuyama's wannabe stock-exchange poached Eric Stockland, an expert on high-tech, ultrafast algorithmic trading, from rival KCG Holdings, IEX said Friday -- just weeks before Washington regulators are expected to decide if it can compete with the NYSE and Nasdaq. Stockland will...