The spoofing trial of software developer Jitesh Thakkar — an attempt by federal regulators to crack down on illegal high-frequency computer trading — ended with a hung jury Tuesday in Chicago federal ...
As stock market crashes go, the so-called flash crash in May 2010 holds a notorious place in financial history. Within minutes, billions of dollars in wealth were wiped out when equities markets ...
Spoofing charges dropped against Chicago software developer for program used in trading fraud scheme
Last year, during a crackdown on spoofing — a form of high-speed computer trading fraud — federal prosecutors charged a Chicago software developer with creating a program that helped a rogue trader ...
An infamous group of anti-globalization pranksters is aiming to proliferate on-line parodies of powerful corporations and trade organizations, distributing software over the Internet that makes it a ...
LONDON—U.K. trader Navinder Sarao, who faces a U.S. extradition hearing later this month, allegedly worked with a customized version of software known as the “matrix” in a deliberate attempt to “spoof ...
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