HFT Lawsuit To Reveal Anonymous Tweeter Uncovers Much More

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Mark Melin
Published on
Updated on

A recently revealed lawsuit by Chicago high frequency trading firm Jump Algorithms to identify an anonymous Twitter Inc (NYSE:TWTR) follower exposes an issue at the heart of what is considered the questionable side of the business. Lawsuit seeks to learn the identity of the person tweeting anti-HFT messages In a lawsuit filed in the Circuit Court of Cook County, Illinois on April 24, the HFT firm, more commonly known as Jump Trading, seeks to learn the identity of a person tweeting apparently anti-HFT messages and “posing as Jump Trading and infringing on Jump’s trademarks,” the complaint reads. Jump Trading finds…

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HFA Padded

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.