Getco discloses some strategies as it backs new venues

08/28/2011 | Wall Street Journal, The

The high-frequency trading firm Getco has offered some insight into its secretive trading strategies by revealing that it is interested in sponsoring new trading venues. Getco said it would support Turquoise, the trading venue owned by the London Stock Exchange, and invest in new venues "for strategic reasons if it felt that consolidation in the marketplace went too far and harmed pricing or competition".

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Wall Street Journal, The

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