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Barclays PLC HFT Charges “More Interesting Than Flash Boys”

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Mark Melin
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New York Attorney General Eric Schneiderman’s complaint alleging Barclays Capital engaged in fraud “was more interesting reading than Flash Boys,” said one high frequency trading (HFT) critic while other bank brokerage analysts assess the impact on the Barclays PLC  business model going forward.

Barclays PLC HFT Charges "More Interesting Than Flash Boys"
Source: Wikimedia Commons

Barclays PLC claims their trades were safe from HFT predators

The civil complaint alleges that while Barclays PLC (ADR) (NYSE:BCS) (LON:BARC) claimed to their brokerage clients their trades were safe from HFT predators, while in fact the opposite was true. Systems...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.