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US prosecutors will travel to London in the coming weeks to interview traders about currency market manipulation, the latest sign that authorities are closer to filing criminal charges stemming from the long-running probe, sources told Reuters. Officials from the US Department of Justice will interview current or former employees at HSBC, among other banks, people […]
Get caught up with the Securities Docket News Wire for November 24, 2014.
“Michael Lewis got it wrong when he said that high-frequency traders are front running the public market. What he alleged is simply impossible. Today’s markets don’t work that way,” Peter Kovac, author of “Flash Boys: Not So Fast,” said in an interview Monday with CNBC’s “Closing Bell.” via HFT critic Michael Lewis ‘dead wrong:’ AuthorĀ — […]