High Frequency Trading Cases Built On Concept Of Algorithmic Intent
On Tuesday, when high frequency trader Michael Coscia received a three-year prison sentence for a financial crime, it got industry practitioner attention. A clear message was sent amid a more nuanced approach the US Attorneys in Chicago are taking to combat acts that destabilize US markets.
Tough HFT prosecution designed to send a message to deter future market destabilizing acts
At a higher level, the DoJ isn’t looking at the Coscia case in the rear . . .
SORRY! This content is exclusively for paying members. If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.
|
