Economics
U.S. Data-Release Plan Has Wall Street Preparing for Algo Wars
- Potential changes to system could create race among traders
- Media currently participate in system of lockups for reports
The U.S. Department of Labor in Washington.
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
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Financial markets beat to the rhythm of economic reports, so the possibility the U.S. will shake up how that data is released has Wall Street pondering the consequences.