Front-running means a very specific thing: a broker/dealer trading ahead of a client order they are supposed to honestly facilitate. It is rightly illegal. Tra

Front-running means a very specific thing: a broker/dealer trading ahead of a client order they are supposed to honestly facilitate. It is rightly illegal. Trading fast based on "slightly obfuscated" public domain information is categorically not any kind of front-running. It is as far as I can see just a pure execution arbitrage.