Tag Archives: MF Global Holdings Ltd.

Texas Day Trader Sued by SEC Over High-Frequency Trading Claims

According to Bloomberg’s Joshua Gallu, A Texas day trader illegally raised more than $6 million from the Houston-area Lebanese community by making false promises that his algorithmic trading program would generate 30 percent returns, U.S. regulators said. Firas Hamdan, 49, hid $1.5 … Continue reading

Posted in Articles, Business, Finance, High Frequency Trading, SEC, The Wall Street Journal, U.S. Economy | Tagged , , , , , , , , , , | 1 Comment