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These people have just found a way to abuse the stupidity of HFT. IMHO, they have played along the rules and the SEC should ban HFT.
by reacweb 12y ago
These people have just found a way to abuse the stupidity of HFT. IMHO, they have played along the rules and the SEC should ban HFT.
- kasey_junk 12y ago>IMHO, they have played along the rules Your humble opinion is factually incorrect. At the heart of this story it doesn't have anything to do with tricking HFT (how ever much that may appeal to you). They broke a basic law, one that everyone who trades knows, and then they put it in an email chain to an FBI informant.