Tradeworx, one of the pioneers of modern high-speed trading, has invested heavily in financial technology throughout its years in existence. Low-latency routes for orders, co-location with exchange mainframes, ever-faster switches and server boxes—none of it came cheap. But it had an ace up its sleeve: It developed its own proprietary technology—its secret sauce—which allowed it to be successful in the cut-throat world of high-frequency trading (HFT).
Soon, it began offering this technology to
The SEC takes a definitive stance on the status of cryptocurrencies; the idea of privacy consistently changes with the introduction of new technologies.Subscribe to Weekly Wrap emails