CME Group went on the defensive last Wednesday after The Wall Street Journal (WSJ) in a front-page expose said high-speed traders using powerful computers are trying to profit from being able to see their futures market orders executed milliseconds before the rest of the market is able to see them.
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CME Group Working to Fix High-Speed Trading ‘Latency’ Issues
CME Group went on the defensive Wednesday after The Wall Street Journal (WSJ) in a front-page expose said high-speed traders using powerful computers are trying to profit from being able to see their own futures market orders executed milliseconds before the rest of the market is able to see them.
May 2, 2013