23 March 2012 17:00

SEC launches high frequency trading probe

Bats Big

The U.S. Securities and Exchange Commission is investigating claims that some high frequency trading firms have used their close physical links to computerized stock exchanges to give them an unfair advantage over other investors.

The investigation is focused on the computer-driven trading platforms of exchanges, including BATS Global Markets, and will examine whether firms collude to limit competition or manipulate markets.

The SEC has sent letters to several high-frequency trading firms to request information about their trading activities, and their communications with exchanges.

However, the regulator is keen to stress that the probe is still in its early stages, and that there is no suggestion of wrongdoing on the part of exchanges or trading firms.

High-frequency trading firms rely on super-fast trade executions and short-term strategies to make lots of small profits from momentary price fluctuations.

This latest investigation is part of a larger probe into high-frequency trading that was instigated after the "flash crash" of May 2010, when stocks fell sharply and then rebounded within minutes, partly as a result of glitches in computerized trading systems.

 

Post comment

Related debate

  • 1 week
  • 1 month
  • 1 Year
20 May
PNDORA
  Jeg har flere gange analyseret Pandora, senest den 20 april og inden da efter årsregnskabet i febr..
111
20 May
PNDORA
LCB84 Earnings yield er jo den omvendte P/E, og dermed det direkte afkast du får af den pris aktien ..
29
22 May
 
Hej IceT : Det er kloge ord, du kommer med her. Jeg trak mig tilbage, da jeg var 53 år. Min arbejdsp..
28
16 May
VWS
Mens vi venter på regnskab fra HMI-Vestas, kan vi kigge lidt på installeret offshore MW og på deres ..
22
19 May
BAVA
tak til Kranen og andre, for at smide lidt guld ud i form af info.   Men guldet kom først her:   htt..
20
20 May
PNDORA
investor1 Her er lidt indspark til din vurdering. Pandora tjener aktuelt 53 kr. pr. aktie om året. J..
19
17 May
FING-B
Hvem er bedst positioneret til det nye marked, Smartcards? IDEX arbejder på 1 pilotprojekt, mens FPC..
15
19 May
BAVA
Slap dog af bamse. 1.000 i 2017 er et temmelig vildt gæt. Og det er vel at mærke et gæt, du giver jo..
14
16 May
PNDORA
I, som er de langsigtede investorer, er de gode. Og de, som er shorter-mafiaen, er de onde. Vi, som ..
14
20 May
PNDORA
Super flot Alf. Gid vi alle (mig selv incl.) ville kunne levere tilsvarende bidrag til dette forum. ..
12

Alliance Trust PLC : Transaction in Own Shares

23/05/2017 07:00:21
23 May 2017  Alliance Trust PLC TRANSACTION IN OWN SHARES  The Board of Alliance Trust PLC ("the Company") announces that on 22 May 2017 the Company purchased for cancellation 321,694 ordinary shares of 2.5p each at a price of 688.578p per share.  Therefore, the total number of voting rights in the Company is now 357,749,150.    The above figure (357,749,150) may be used by shareholders a..

Majedie Asset Management Ltd : Form 8.3 - TESCO PLC

22/05/2017 15:26:53
FORM 8.3   PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the "Code")   1.         KEY INFORMATION   (a) Full name of discloser: ..

Most read news

  • 24 hours
  • 48 hours
  • 1 week
1
P. Schoenfeld Asset Management LLP : Form 8.3 - Tesco plc
2
Form 8.3 - Mariana Resources Ltd
3
Sanofi and Regeneron Announce FDA Approval of Kevzara® (sarilumab) for the Treatment of Moderately to Severely Active Rheumatoid Arthritis in Adult Patients
4
EagleBank Approved as a Government National Mortgage Association (Ginnie Mae) Multifamily Issuer, One of 13 Banks in the Nation
5
Playa Hotels & Resorts Announces Commencement of Exchange Offer and Consent Solicitation Relating to its Warrants

Buy and sell signals

  • Trend
  • Moneymachine

Copyright Euroinvestor A/S 2017   Disclaimer and Terms of Use
Quote information is delivered by Interactive Data.
Data is delayed 15-20 minutes according to the distribution agreements set by the different exchanges.
 
23 May 2017 13:35:12
(UTC+00:00) Dublin, Edinburgh, Lisbon, London
Version: LiveBranchBuild_20170517.1 - EUROWEB7 - 2017-05-23 14:35:12 - 2017-05-23 13:35:12 - 1000 - Website: OKAY