Thursday 22 April 2010

2nd Banker Accused of Stealing HighFrequency Trading Code

It was only a matter of time before another banker, lured by the prospects of riches, would get busted on allegations of stealing source code connected to a high-frequency, stock-and-commodities trading platform.

The latest arrest concerns a former Societe Generale trader who was being detained on charges of stealing the computer code...

Source:
http://www.wired.com/threatlevel/2010/04/bankerarrested/

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