I understand price discovery is a crucial thing and since it wont happen any more on IEX itself, it will lower volumes, but what I am not able to understand is, will the market leader not differentiate to bring the volumes back? If you see the volume of shares which have been traded yesterday and today, they are the highest. In fact if you really add up the daily volumes of the last 3-4 months, then these 2 days volumes will be a total of them or even more. If all retail investors are panic selling, someone big must be buying? And if they are buying, there must be something they know what the others dont so that this is an attempt to buy the stock at a lower price? Sorry, I am a newbie into this and would love to hear others’ responses.
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