Major stock exchanges hit the curb in HFT case
The New York Southern District Court has denied a motion by top stock exchanges to vacate prior orders in high frequency trading (HFT) lawsuit.
The New York Southern District Court has denied a motion by top stock exchanges to vacate prior orders in high frequency trading (HFT) lawsuit.
Major stock exchanges, such as Nasdaq and NYSE, claim David Lauer’s classifications of “HFT” and “non-HFT” firms lack any evidentiary support.