Chronos Shelves HFT Suite for Retail App

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Chronos Research, the technology company founded in 2010 to provide high-performance, low-latency data and trading solutions to high-frequency traders, has mothballed its HFT products in favor of focusing on a mobile app focused on providing crowdsourced market insight to retail investors, officials say.

The new app, dubbed Robinhood, provides an intelligent stock search system that recommends stocks based on an individual’s existing watchlist and their location—since research shows that investo