America's newest stock exchange is undercutting rivals Nasdaq and New York Stock Exchange

REUTERS/Eduardo Munoz Startup exchange IEX is looking to lure companies to list on its exchange, and is proposing a new flat fee structure for opening and closing auctions that undercuts its rivals Nasdaq and the New York Stock Exchange. The exchange, which was made famous in Michael Lewis' "Flash Boys," recently got the regulatory green light to start listing companies on its venue. IEX, the upstart exchange, made famous in Michael Lewis' "Flash Boys," got the green light in October to go after...