Nasdaq and Tradeworx to launch test HFT facility for algorithms based around on quant

Nasdaq and Tradeworx to launch test HFT facility for algorithms based on quant. Like submitting source code to Apple before Itunes? This is a weird combination. This makes me the think on the credibility of the NASDAQ with all their foolish botches like the Facebook IPO. And now this? To me, this does not legitimize …

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