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The SEC's guidance on automated quotations is game over for HFTs https://t.co/6ATEFbdM9w pic.twitter.com/8PbdRbmQ7O
— zerohedge (@zerohedge) June 18, 2016
CHEERS TO THE FLASH BOYS WHO MADE THIS HAPPEN
Happy Fathers Day
to those who fathered a brand new baby! IEX
A BIG thanks to guys like Michael Lewis, @nanexllc, @ThemisSal, @JoeSaluzzi,@DLauer, et al. Those 400+ IEX letters don’t happen w/out u guys
Today is a victory for all of us who have fought for fairer markets. Thank you SEC for approving this free market approach. @IEX
Thought I'd never see this day
Victory!
Vindication
Citizens *can* tame Wall Street (takes lots of persistence. And data)— Eric Scott Hunsader (@nanexllc) June 17, 2016
Congratulations IEX, and thank you Eric @nanexllc
@iex @nanexllc @ThemisSal @JoeSaluzzi ..&
R.T. Leuchtkafer just smiling
http://blog.themistrading.com/wp-content/uploads/2014/05/Leuchtkafer_MIDAS.pdf
“a new surveillance system, known as Midas, that collects price data from all U.S. exchanges and that helps the SEC evaluate practices such as colocation, in which traders cut trading times by placing computers inside an exchange, and proprietary feeds, or streams of data sen[t] to clients faster than to public sources.”