Barclays PLC (ADR) (NYSE:BCS) (LON:BARC) has removed from day to day operations the senior manager responsible for supervising the firm’s dark pool, the Wall Street Journal is reporting this afternoon. Barclays PLC’ Bill White stars in New York Attorney General’s fraud complaint Bill White headed Barclays Equities Electronic Trading operation and, while not featured by name, was a star in New York Attorney General’s fraud complaint against the firm. White is being treated “innocent until proven guilty,” but he won’t be involved in electronic trading until the investigation is complete, the Wall Street Journal reported, citing people familiar with the matter….
Barclays PLC Removes Dark Pool Manager
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.