Hedge Fund News From HedgeCo.Net

New York AG seeks curbs on high-frequency traders

Reuters – New York’s attorney general urged U.S. stock exchanges and other venues on Tuesday [March 18] to limit services that he said provided unfair advantages to high-frequency traders and undermined confidence in the markets.

The stock exchanges allow traders to locate their computer servers within trading venues, armed with extra network bandwidth and high-speed switches that give them access to pricing, volume and order information ahead of others, New York Attorney General Eric Schneiderman said.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply