SEC stalls ‘anti-competitive’ NYSE plan to sell super-fast connections to traders

US regulators are still mulling whether to green-light the New York Stock Exchange‘s (NYSE) plan to sell high-speed wireless access to its trading platform, Reuters reports. The NYSE, which is the largest stock exchange in the world, wants to leverage a 160-foot microwave transmitter pole recently built at its data center — the one that manages all of its electronic trades. [Read: Coronavirus forces New York Stock Exchange into electronic-only trading mode] The Securities and Exchange Commission (SEC) was expected to deliver its decision by Friday, but has since moved that deadline to May 18 after it received six objections to the…

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