Fast Traders Are Getting Data From SEC Seconds Early

The SEC uses Tradeworx datas to analyze the market and causes of flashcrashes, while high-frequency traders get a prime access to the SEC’s datas to place bets. Fair trade.

Hedge funds and other rapid-fire investors can get access to market-moving documents ahead of other users of the Securities and Exchange Commission’s system for distributing company filings, giving them a potential edge on the rest of the market.

→ WSJ