Themis Trading Blog

The Curious Case Of Latour Trading

18

Sep, 2014

 

latour1

The SEC fined another high frequency trading firm yesterday.   While these settlements with exchanges, brokers and HFT firms seems to be occurring more frequently now, yesterday’s $16 million settlement with Latour Trading raises a whole new level of risk concerns.

Before we get to the details of the case, let’s talk about Latour Trading:

- Latour Trading has been a registered broker/dealer with the SEC since 2009.

- Latour is a high frequency, proprietary trading firm that has no customers.  They are also a market maker in a number of securities.

- According to the SEC, in 2011,  Latour “often…
[ continue reading this post » ]

Post a Comment

You must be logged in to post a comment.

 

September 11th 2014 – Empty Sky

11

Sep, 2014

empty sky

“Empty sky, empty sky, I woke up this morning to an empty sky.” – Bruce

Today we remember the many fallen friends and heroes who died on that terrible day thirteen years ago. We remember Steve Tompsett, who we worked with at Instinet. We remember Dennis Moroney, who we worked with back at Morgan Stanley in the late 1980s. We remember others as well.

Years ago I started shared with you my own experience on September 11th, 2001. Since then, on each anniversary of that surreal day, I have…
[ continue reading this post » ]

Post a Comment

You must be logged in to post a comment.

 

Consumer Federation of America White Paper on Market Structure

10

Sep, 2014



The Forgotten Group

09

Sep, 2014



Guest Post: R.T. Leuchtkafer shows how poorly informed the LewisFiction Blog Is

08

Sep, 2014



CME, HFT, Capitalism, Low Volume, and New Rule 575

08

Sep, 2014



Is Test Group 3 of the Tick Size Pilot Program Being Set Up To Fail?

27

Aug, 2014



ALS Ice Bucket Challenge – High Frequency versus Low Frequency!

24

Aug, 2014



Bart “Cheetah” Chilton Now Loves the Kitties!

22

Aug, 2014



All Yous Guys Pay Up! (Response to Larry Tabb Open Letter to Senator Levin)

19

Aug, 2014



Home | Who We Are | The Themis Approach | Market Structure Analysis | Newsroom | Blog | Contact
Copyrights ® 2014 All Rights Reserved By Themis Trading LLC
wp_footer()