Market researcher Eric Hunsader, one of the most vocal critics of high frequency trading (HFT), has a clear target: the core information access advantage pointed out in the book Flash Boysby the other Michael Lewis. Hunsader is involved as an expert witness in a lawsuit on May 23 to turn talk into tangible results. HFT: Lawsuit against stock exchanges In a class action lawsuit filed in US District court in the Southern District of New York, where much of the financial legal action takes place, the suit accuses thirteen of the major stock exchanges of providing privileged traders defacto early access…
HFT Lawsuit Against Stock Exchanges Targets Duel Pipes
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.