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How High-Speed Trading Is About To Get Speedier

Relax Speed - Josh Klute

According to Albert Einstein, the speed of light is the fastest speed there is. But for some Wall Street traders the speed of light-at least as it travels through a fiber-optic cable-just isn't fast enough anymore.

BATS' Latest Issue Bad for Electronic Trading

Depressed - Head In Hands

Stock exchange BATS (the third largest stock exchange) reported that they overcharged members $420,000 from 2008 to 2012 for certain orders. BATS allowed some short-sale trades that in some cases were not executed at the best available price, as required by securities laws.

Mysterious Computer Program Takes 4% of Trading Activity Last Week

Pitch Mystery Faces

A single mysterious computer program that placed orders — and then subsequently canceled them — made up 4 percent of all quote traffic in the U.S. stock market last week, according to the top tracker of high-frequency trading activity. The motive of the algorithm is still unclear.

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