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by yummyfajitas 4228 days ago
Well, they do point out why you don't want to be a little player on IEX:

“Trying to find liquidity without having an impact when you’re doing it is an over-arching challenge we will always have,”

Huge players don't want to have a price impact before they trade - they want the price impact to happen after. I.e., it'll happen to the little guy rather than to them.