Marketwired Discontinues Selling To HFT

Nearly one month after Warren Buffett’s Business Wire discontinued the practice of providing high frequency trading firms access to information, Marketwired, a firm that distributes corporate earnings and other potentially market moving news, has stopped selling to HFT firms.

Marketwired had conversations with NY Attorney General Eric Schneiderman

The move comes after Marketwired had conversations with New York Attorney General Eric Schneiderman, according to a Reuters news report. The firm discontinued the service so as to "eliminate any perceived advantages gained through technology by certain customers," according to a statement obtained by Reuters.  Last year, Thomson Reuters Corp agreed to stop its early release of the...