As it happens, the Wall Street Journal reported earlier in the day that the Securities Exchange Commission was investigating the high-frequency exchanges -- including BATS -- as part of a broader probe into whether the new trading platforms are using their high-speed links to the major stock exchanges to gain an unfair advantage.
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there is no way this is an accident.
from the article:
As it happens, the Wall Street Journal reported earlier in the day that the Securities Exchange Commission was investigating the high-frequency exchanges -- including BATS -- as part of a broader probe into whether the new trading platforms are using their high-speed links to the major stock exchanges to gain an unfair advantage.