Second Banker Accused of Stealing High-Frequency Trading Code

April 20th, 2010 admin

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 Tuesday on New York federal court charges of stealing the computer code of the Paris-based banking concern’s high-frequency trading software. Monday&#…


Originally posted on Wired

 
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