http://www.bloomberg.com/news/2014-04-13/cme-gave-high-frequency-traders-peek-at-market-lawsuit-claims.html
CME Group Inc. (CME), owner of the
world’s largest futures market, was sued by three of its users
who alleged the company sold access to order information to
high-frequency traders ahead of other market participants.
Traders William C. Braman, Mark Mendelson and John Simms
claimed the owner of the Chicago Mercantile Exchange and the
Chicago Board of Trade perpetrated “a fraud on the
marketplace,” according to a complaint filed April 11 in
Chicago federal court.
Amazing how some of us know this has been going on for decades now all of a sudden the people we put in place to Police these actives are just discovering this practice?
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