If you’re a whale in the stock market, maybe it’s time to stop pretending you’re a guppy.
Lawmakers waded into the debate over the U.S. stock market’s fairness today, going beyond the usual flashpoint of high-frequency trading to focus on potential conflicts of interest among brokers.
Singapore Exchange Ltd., Southeast Asia’s biggest bourse operator, wants to lure more high-speed traders on to its stock market as it grapples with lower volume.
High-frequency trading has been good to billionaire Ken Griffin.
The nemesis of Wall Street’s high- frequency traders operates out of an apartment-sized office above the Bliss Salon -- manicure/pedicure $45 -- on Elm Street in the Chicago suburb of Winnetka.
Bats Global Markets Inc. and Direct Edge Holdings LLC agreed to merge, uniting two of the biggest American exchange operators amid a four-year decline in volume.
Infinium Capital Management LLC, a Chicago-based high-frequency trading firm, was sued by former employees who claim they were tricked into swapping loans to a company affiliate for equity, causing them to lose $4 million.
"People want to avoid the exchanges because of' too much information leakage,' they want to avoid dark pools now because there could be bad routing practices, they want to avoid internalization."
- Larry Tabb on Jun 26, 2014
Tabb Says High Frequency Trading Is Less Profitable (Audio)