NYSE, BofA among those sued regarding high-frequency trading, Bloomberg says

theflyonthewall.com

Bank of America (BAC) and IntercontinentalExchange's (ICE) New York Stock Exchange were among many exchanges, brokerages and traders that were sued regarding high-frequency trading by the city of Providence, Rhode Island, over allegations they rigged securities markets to divert billions of dollars from buyers and sellers of shares, reported Bloomberg.

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