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It Finally Comes Out: Elite Traders Are Getting Access To Data Before Everyone Else

Friday, June 14, 2013 - 8:49 AM
Time after time ahead of major news, there seems to be someone who knows something before it happens — there seem to be trades that hit too hard and fast before the news is actually made.

This has been going on for a while, and people are finally starting to understand why.

Latency In Trading - Business Insider
ShorebreakShorebreak2,695 posts since
Apr 6, 2010
Rep Points: 14,611
1. Friday, June 14, 2013 - 9:10 AM
You mean to say that traders pay for early peeks at key data?  Say it ain't so!

It may not be illegal but it is one more nail in the coffin of the illusion of fair markets.
pearlbrownpearlbrown1,485 posts since
Nov 2, 2010
Rep Points: 6,454