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Desc:Brad Katsuyama, IEX; William O'Brien, BATS Global Markets president, debate High Frequency Trading
Category:News & Politics, Educational
Tags:stock market, bats, automation, hft, IEX
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Comment count is 1
Azmo23 - 2014-04-05
The BATS representative does not represent how his exchange works in an accurate manner:
http://blogs.wsj.com/moneybeat/2014/04/03/bats-forced-to-corre ct-statements-by-president-obrien-on-how-its-exchanges-work/
You can hear Katsuyama start to call him out on it "You use the SIP to price trades on Direct Edge,” he said. “That is not true,” Mr. O’Brien says in response, inaccurately.
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