Firms behind HFT lobby prominent in Barclays complaint

Three members of the Modern Markets Initiative are named in a lawsuit against Barclays' dark pool

Firms behind HFT lobby prominent in Barclays complaint

A New York attorney general complaint against a leading bank’s dark pool activity named many high-frequency trading firms that support Washington’s lobbyist on the practice.

The details weren't previously known when New York Attorney General Eric Schneiderman's office initially filed a complaint that Barclays's increased market share of dark pools through falsified material about high-frequency traders in its dark pool, and for whose benefit the dark pool was operated.

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