In its latest attempt to stabilize China’s stock exchange and economy as a whole, the Chinese government has imposed a three-month trading suspension on several trading accounts, with one being Citadel Shanghai Trading, a subsidiary […]
Tag: HFT
Charged Flash Crash Scapegoat Released From Prison Amid Extradition Fight
Navinder Singh Sarao, a patsy charged in the 2010 flash stock market crash, is being released after spending four months in a London prison. Sarao is now fighting extradition after a judge changed his terms […]
High Frequency Trading Firms Attack Chinese Markets Amid Turmoil
China’s stock markets are being hit once again by traders from foreign hedge funds. Despite efforts to calm Chinese markets, foreign investors are reported to have found loopholes that allow hedge funds and proprietary traders […]
High Frequency Trading Firm Citadel Banned From Chinese Stock Exchanges
Citadel Securities, a Chinese branch of high frequency hedge fund Citadel LLC, has had its account frozen by the China Securities Regulatory Commission (“CSRC”) as officials investigate whether algorithmic, automated trading is causing China’s stock […]
Just Ten Days In, Time Warner Caught Breaking Net Neutrality Rules
Never ones to be troubled by the rule of law, telecom giant Time Warner Cable (TWC) violating the “no paid prioritization” and “no throttling” provisions of the FCC’s net neutrality regulations which took effect just […]
On Flash Crash Anniversary Real Culprit Is Now A Publicly Traded Company
Today marks five years since the infamous May 6 2010 ‘flash crash’ that erased billions from U.S. markets. The event was caused by electronic trading firms matching wits against a single human who knew how […]
Nav Sarao: What You Need Know And Why He’s Important
Nav Singh Sarao is the Briton blamed for causing the May 2010 Wall Street ‘flash crash’ where about $1 trillion was briefly wiped out from U.S. stock markets in a matter of minutes. Mr Sarao […]