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


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

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 indvidual account here: