The Department of Justice is investigating high-frequency stock trading to see if any of the practices violate insider trading laws, U.S. Attorney General Eric Holder said Friday.Brokerage firms use high-frequency trading to get a jump on their competitors. Powerful computers analyze market information and then execute buy and sell orders for stocks within a fraction of a second.“The Department is […]
The Department of Justice is investigating high-frequency stock trading to see if any of the practices violate insider trading laws, U.S. Attorney General Eric Holder said Friday.Brokerage firms use high-frequency trading to get a jump on their competitors. Powerful computers analyze market information and then execute buy and sell orders for stocks within a fraction of a second.“The Department is […]
AP PhotoNew York Attorney General Eric Schneiderman speaks during a news conference Monday, Oct. 28, 2013, at City Hall in Philadelphia.This morning, New York Attorney General Eric Schneiderman declared war on high-frequency traders, or HFTs, and what he called the “fundamentally unfair – and potentially illegal – situations that give elite groups of traders early access to market-moving information at […]
