Some of the world’s top financial data providers are under investigation over the profits sophisticated investors make by paying for early access to market-moving information.
Thomson Reuters yesterday suspended its practice of releasing closely watched consumer sentiment data two seconds early to clients who pay extra, under pressure from New York state’s attorney-general, Eric Schneiderman.
His office is investigating the $25bn market data industry, and the profits made by some of its biggest clients from trading in the minutes or milliseconds before other investors see market-sensitive data, one person familiar with its probe said.
您已閱讀24%(640字),剩餘76%(2042字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。