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Blogs by David B. Weiss

November 4, 2015

In just one hour on November 3, 2015, in the first federal criminal prosecution for disruptive trading of high-frequency trading (HFT) spoofing, a Chicago jury found Michael Coscia, of Panther Energy Trading in New Jersey, guilty on all counts of spoofing on the CME.

October 12, 2015

There has been much talk about making markets fairer, with perhaps Michael Lewis’ “Flash Boys” being the signal event last year, with its assertion that flash trading is rigging markets (and associated opining on what to do about it). There do seem to be more and more mini-flash crashes of late and associated enforcement efforts, some of which create

October 5, 2015

Buried in the European Securities and Markets Authority’s 402-page Draft Regulatory and Implementing Technical Standards MiFID II/MiFIR just out September 28 is this little nugget on the esoteric subject of security identifiers: