Pursuits
Speed Trader Sees Sisyphean Task in High-Frequency Crackdown
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Mark Gorton knows what will happen on the day high-frequency traders’ computers get kicked out of the New York Stock Exchange.
“All you’re going to do is have a data center that’s across the street,” said Gorton, founder of the Lime Wire LLC music-sharing service and managing director of Tower Research Capital LLC, one of the most prolific equity traders in America. “Everyone’s going to want to put their computers there.”