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I don't know, honestly. I would imagine it to be illegal to trade on that data before it's released to publicly-available trade streams. I'm of the opinion tha
by dheera 2y ago
I don't know, honestly. I would imagine it to be illegal to trade on that data before it's released to publicly-available trade streams.
I'm of the opinion that a huge amount of manipulation happens and the SEC either turns a blind eye to it or the SEC goes after easier fish that have worse lawyers to get their income.
- jandrese 2y ago> I would imagine it to be illegal to trade on that data before it's released to publicly-available trade streams. But what would be the penalty if you are caught? A few hundred million dollar fine? Absolute peanuts to any of the firms operating these pools. Of course there is corruption in the system, it is set up to facilitate corruption. Without corruption there would be little reason for these to even exist.