NEW YORK (Reuters) – About 25 high-frequency trading firms have discussed forming a lobbying group within the Futures Industry Association as they go to deal with growing scrutiny in Washington, the association told Reuters.The firms have held a series of meetings in Chicago over the last two months, spurred by the prospect of a new transaction tax, commodity market position limits, and the possibility of a crackdown on high-frequency trading, the FIA said.The group has a draft mission statement but no name, it said.
Posts Tagged ‘Market Manipulation’
High-frequency firms organizing lobby group
December 22nd, 2009 
Before You Invest 
Posted in Finance Fraud 
Tags: Collateral Damage, Commodity Market, Donald Wilson, Draft Mission Statement, Fia, Futures Industry Association, Ghco, Hehmeyer, High Frequency, Last Two Months, Lobby Group, Lobbying Group, Market Manipulation, Market Position, Position Limits, Quarterly Basis, Reuters, Trading Accounts, Trading Group, Transaction Tax 
No Comments »SEC Probing High – Frequency Strategies
December 9th, 2009 Before You Invest NEW YORK (Reuters) – The U.S. Securities and Exchange Commission will likely seek public input on so-called high-frequency trading strategies, and whether traders using them gain any special advantages by placing quick computers next to exchanges.High-frequency trading, which accounts for some 60 percent of U.S.
Posted in Finance Fraud Tags: Co Location, High Frequency, Illegal Market, Kaufman, Market Inefficiencies, Market Manipulation, Market Structure, Mary Schapiro, Microseconds, Obama, Public Input, Reuters, Sec Chairman, Securities And Exchange Commission, Sense Of Urgency, Stock Markets, Stock Trades, Term Investors, Trading Strategies, Unstable Markets No Comments »Hazem Khalid al-Braikan, who ran Al Raya Investment found dead with a self-inflicted gunshot wound to his head
July 28th, 2009 Before You Invest Hazem Khalid al-Braikan, who ran Al Raya Investment, was found dead just three days after the US Securities and Exchange Commission (SEC) accused him of making millions of dollars from trading on falsified takeover deals. The SEC last week froze more than $5m (£3m) of his assets in various trading accounts after claiming the money was earned on fake news of a purported offer by a secretive Middle Eastern investment group to buy US audio equipment maker Harman International Industries, a rumour which saw Harman’s share to rise 40pc before the opening bell on July 20.
Posted in Finance Fraud Tags: Citigroup, City Staff, Conglomerate, Dim View, False News, Gunshot, Harman International, Harman International Industries, Hazem, Investment Group, Khalid, Kuwait City, Market Manipulation, Market Rumours, News Last Week, Opening Bell, Sec Investigation, Securities And Exchange Commission, Trading Accounts, United Gulf Bank No Comments »Hazem Khalid al-Braikan, who ran Al Raya Investment found dead with a self-inflicted gunshot wound to his head
July 28th, 2009 Before You Invest Hazem Khalid al-Braikan, who ran Al Raya Investment, was found dead just three days after the US Securities and Exchange Commission (SEC) accused him of making millions of dollars from trading on falsified takeover deals. The SEC last week froze more than $5m (£3m) of his assets in various trading accounts after claiming the money was earned on fake news of a purported offer by a secretive Middle Eastern investment group to buy US audio equipment maker Harman International Industries, a rumour which saw Harman’s share to rise 40pc before the opening bell on July 20.
Posted in Finance Fraud Tags: Citigroup, City Staff, Conglomerate, Dim View, False News, Gunshot, Harman International, Harman International Industries, Hazem, Investment Group, Khalid, Kuwait City, Market Manipulation, Market Rumours, News Last Week, Opening Bell, Sec Investigation, Securities And Exchange Commission, Trading Accounts, United Gulf Bank Comments Off
