Thomson Reuters to Suspend Early Peeks at Key Index

“Over the last several years, an exclusive group of investors has paid a steep premium to receive the results of a closely watched economic survey a full two seconds before its broader release. Those two seconds can mean millions of dollars in profits for the investors, who practice a computer-driven strategy called high-frequency trading. On Monday, the company providing these investors with that lucrative edge, Thomson Reuters formerly/http://dealbook.on.nytimes.com/public/overview?symbol=TRI&inline=nyt-org, is expected to announce that it will suspend the practice, yielding to pressure from the New York attorney general, according to a person with direct knowledge of the matter.”

http://dealbook.nytimes.com/2013/07/07/thomson-reuters-to-suspend-early-peeks-at-key-index/

The Freedom Watch Staff

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