U.S. Justice Department Probes High-Frequency Trading

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U.S. Justice Department Probes High-Frequency Trading
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The Justice Department is the latest government organization to launch an investigation into high-frequency trading.

While testifying before a House subcommittee group, U.S. Attorney General Eric Holder confirmed that the Justice Department is investigating high-frequency trading, a practice in which firms use algorithms and high-speed fiber optic lines to process trades

See also: WTF Is HFT? What You Should K**w About High-Frequency Trading (http://mashable.com/2014/04/01/high-frequency-trading-explainer/?utm_campaign=&utm_context=textlink&utm_medium=rss&utm_source=)


"I can confirm that we at the Justice Department are investigating this practice to determine whether it violates insider trading laws," Holder said in prepared remarks (http://www.justice.gov/iso/opa/ag/speeches/2014/ag-speech-140404.html). "The Department is committed to ensuring the integrity of our financial markets –- and we are determined to follow this investigation wherever the facts and the law may lead." Read more... (http://mashable.com/2014/04/04/justice-department-high-frequency-trading/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial&utm_medium=feed&utm_source=rss)

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