SEC's EDGAR System Gives HFT Subscribers Data Advantage, Says StudyMark Melin
High frequency traders are receiving market moving information from the U.S. Securities and Exchange Commission before the general public, a new academic study concludes.
HFT firms who subscribe to the SEC’s direct access feeds of company filings may receive information up to one minute before that information is posted to the regulator’s web site, the study, first published in the Wall Street Journal, noted.
“If milliseconds . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible