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by orijing 5319 days ago
Great tool! I know you probably won't do this, but I think it's important to be clear. How can you convince potential users that you won't front-run them? For example, before displaying the sentiments you run your own trades in anticipation of your customer's trades. Perhaps it'll be right 51% of the time, but that's enough of an edge with enough volume to make some serious money.
2 comments

Actually I don't think this is illegal. They aren't brokers, or otherwise filling orders, so they can't "front-run" per se. Also, I don't believe front-running is illegal in commodities markets, as they aren't regulated like equity markets.
That's illegal in most jurisdictions - he would be a fool to try it as he could end up in jail for that!
There was a recent incident where a dark pool provider was frontrunning their own customers. I believe it was Pipeline/Milstream. It happens all the time, and then they get a slap on the wrist.