Two Norwegian traders outsmarted Timber Hill HFT algo ? Maybe six years in prison...

Discussion in 'Wall St. News' started by ASusilovic, Aug 17, 2010.

  1. Leaked SEC report on U.S. option exchange violations.
     
    #11     Mar 7, 2012
  2. the next post here will be in 2014,
     
    #12     Mar 7, 2012
  3. To me, it's a simple case of the front-runner (Timer Hill, aka, Interactive brokers) got tricked into pre-mature front-running.

    This is similar to cops tricking men into sexual solicitation.

    The Norwegians' action is moral, it exposes the evilness of IB, aka, Timber Hill market maker.
     
    #13     Mar 7, 2012
  4. The hipocresy of these rulings reminds me of cases where people are stopped by police for "driving while black"...
    in this case these Norwegians got arrested for "influencing prices while human"...
     
    #14     Mar 8, 2012