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.
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.