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by abbazabba
4657 days ago
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the how is interesting. the why, moreso. "By one estimate, as much as $600 million dollars in assets changed hands in the milliseconds before most other traders in Chicago could learn of the Fed's September surprise" whoever leaked it probably had a connection that gave them an incentive greater than their career or any fines the government could impose. career reputation + fines < %cut of income from arbitrage |
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