Two voices outspoken against illegal HFT conduct are Themis Trading co-founders Joe Saluzzi's and Sal Arnuk, authors of Broken Markets: How HFT and Predatory Practices on Wall Street are Destroying Investor Confidence and Your Portfolio.
In a blog post, Saluzzi writes, "The pro-HFT community was well-prepared and launched a consolidated effort to undermine the book even before most of them had even read it."
This week will be all like brokers like "I love IEX" and "I love IEX too" and "no... I realllly love IEX the most" #flashboys— Sal Arnuk (@ThemisSal) March 29, 2014
In 2010, the SEC published a Concept Release on Equity Market Structure. They knew then about all these issues. https://t.co/vfCCbznXn2— Joe Saluzzi (@JoeSaluzzi) April 4, 2014
Becca Lipman is Senior Editor for Wall Street & Technology. She writes in-depth news articles with a focus on big data and compliance in the capital markets. She regularly meets with information technology leaders and innovators and writes about cloud computing, datacenters, ... View Full Bio