GAO Report Says Exchanges Detect Abuses that Send Buy Side To Other Markets

TECHNOLOGY STRATEGIES

A recently released General Accounting Office report on intermarket frontrunning says that the nation's self-regulatory organizations (SROs) and regulators have "newly developed surveillance programs designed to detect" the form of market manipulation. The practice--whereby a broker trades ahead of a large institutional trade--is of special concern to buy-side managers and traders, who stand to lose large sums if the sell side acts on leaked information about a planned trade.

The advent of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: