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Speed Traders Shift Gears.

Authors :
STRASBURG, JENNY
Lauricella, Tom
Patterson, Scott
Source :
Wall Street Journal - Eastern Edition. 10/2/2012, Vol. 260 Issue 78, pC1-C2. 2p. 1 Diagram.
Publication Year :
2012

Abstract

The article discusses a willingness among high-frequency trading firms in the U.S. to work with the Securities and Exchange Commission (SEC) to develop safeguards against incidents such as an August 1, 2012 software mishap that nearly destroyed brokerage firm Knight Capital Group Inc. A group of several high-frequency firms including Virtu Financial LLC and Getco LLC have proposed new technology standards.

Details

Language :
English
ISSN :
00999660
Volume :
260
Issue :
78
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
82061826