fbpx

CFTC execs says front running legal

(Last Updated On: February 14, 2015)

CFTC execs says front running legal

Oh shock! It is legal according to this exec from the CFTC

“The big game in this hunt became known as a whale-an order from a leviathan fund company such as Fidelity, Vanguard, or Legg Mason. If the algos could detect the whales, they could then have a very good sense for whether a stock was going to rise or fall in the next few minutes or even seconds. They could either trade ahead of it or get out of its way. The bottom line: Mom and Pop’s retirement accounts were full of mutual funds handing over billions of dollars a year to the Bots.”

 

http://www.tradersmagazine.com/news/viewpoints/are-pinging-and-front-running-legal-one-cftc-exec-says-no-113471-1.html

Join my FREE newsletter to learn more about waht is ok in HFT aka high frequency trading

NOTE I now post my TRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
Don't miss out!
Get my TRADE LIKE A BOSS 2 PDF Books

You will received instantly the download links.

Invalid email address
Give it a try. You can unsubscribe at any time.

NOTE!

Check NEW site on stock forex and ETF analysis and automation

Scroll to Top