Oystacher Says Speed Chess, Not Spoofing, Is Behind His TradesBy
Speed chess player has very fast reflexes, court filing says
U.S. seeks to bar Oystacher from market while case proceeds
Igor Oystacher, the co-founder of 3Red Trading LLC accused of manipulating markets by rapidly placing trades he never intended to execute, has exceptional reasoning skills -- in the 99th percentile -- that gave him the capacity to quickly follow through on orders, his lawyers said.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.