Inside the traders’ black box
A lawsuit against market makers may reveal how high-frequency trades really work
Unhedged · Financial Times & Pushkin Industries
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Show Notes
Market watchers have wondered for years about what really goes on inside trading firms like Citadel Securities, Susquehanna and Virtu. A recent ruling in a lawsuit brought by a medical company may provide some answers. Today on the show, host Ethan Wu asks FT reporter Joe Miller about the case, brought by Northwest Biotherapeutics. Also, we short Trader Joes and Temu.
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