One Man’s Crusade to Tame Fastest Predators in Treasuries

  • Ex-BrokerTec CEO starts new platform to combat abusive HFTs
  • Critics blame ‘phantom liquidity’ for drop in trading volumes
Photographer: Thomas Sampson/AFP via Getty Images
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Nowadays, a persistent worry in the U.S. Treasury market is that high-speed traders are running amok.

One Wall Street veteran says he’s hit on a way to tame their most predatory instincts.