Hartford Remains a Premium Bet

THE SECURITIES AND EXCHANGE commission may be late to regulating key aspects of high-frequency trading, but it is catching up quickly. The agency recently proposed a rule banning naked access, or the ability of high-frequency traders to use their brokers' codes to trade directly with stock exchanges without undergoing pretrade oversight by the broker. Direct access confers a time advantage, but potentially could destabilize the system if a trader couldn't settle a trade...

Barrons: Hartford Remains a Premium Bet
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