U.S. Justice Department Probes High-Frequency Trading
 

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


"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. "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...

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