Reed Says Market Disruptions Are "Wake Up Call" On Computerized Trading

more+
less-
Sept. 19 (Bloomberg Law) -- Senator Jack Reed, Democrat from Rhode Island, talks to Bloomberg Law's Lee Pacchia about an upcoming hearing in front of a subcommittee for the U.S. Senate Banking Committee on how high speed computerized trading impacts the broader economy. Senator Reed will chair the hearing which seeks to examine the role high frequency trading systems have played in recent market disruptions such as the so-called 'flash crash' from May 2010, the failed BATS Gloabal Markets IPO, problems with the Facebook IPO and See more +
Sept. 19 (Bloomberg Law) -- Senator Jack Reed, Democrat from Rhode Island, talks to Bloomberg Law's Lee Pacchia about an upcoming hearing in front of a subcommittee for the U.S. Senate Banking Committee on how high speed computerized trading impacts the broader economy. Senator Reed will chair the hearing which seeks to examine the role high frequency trading systems have played in recent market disruptions such as the so-called 'flash crash' from May 2010, the failed BATS Gloabal Markets IPO, problems with the Facebook IPO and recent glitches plaguing trading firm Knight Capital. See less -

Embed Video

Copy

Written by:

Published In:

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Bloomberg Law | Attorney Advertising

CONNECT

Reporters on Deadline

All the intelligence you need, in one easy email:

Great! Your first step to building an email digest of JD Supra authors and topics. Log in with LinkedIn so we can start sending your digest...

Sign up for your custom alerts now, using LinkedIn ›

* With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name.
×
Loading...
×
×