Tag Archives: U.S.

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

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For Edgar Perez, Author, The Speed Traders, S&P Debt Downgrade Wake-Up Call to Get Serious about U.S. Economy

Mr. Edgar Perez, author of The Speed Traders, An Insider’s Look at the New High-Frequency Trading Phenomenon That is Transforming the Investing World (http://www.thespeedtraders.com), wrote on Modern Finance Report (http://www.modernfinancereport.com) that he would not be inclined to kill the messenger … Continue reading

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