Concerns of Barclays' dark pool surfaced before Schneiderman's accusation

Trading firms and employees raised concerns about high-speed traders at Barclays' (NYSE:BCS) dark pool months before the NY Attorney General Eric Schneiderman's accusation of favoring high frequency traders, WSJ reports.

The activity under investigation dates back to 2010, when Barclays executives developed a plan to boost trading in the bank's dark pool known as Barclays LX.

Barclays is expected to reply to the attorney general's civil complaint this week.

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Comments (3)
  • ReligiousWacko
    , contributor
    Comments (1865) | Send Message
    the employees that knowingly lied should do real jail time. Additionally, i hope Barclays clients that got scammed will win significant civil judgments.
    21 Jul 2014, 01:56 AM Reply Like
  • King Rat
    , contributor
    Comments (1904) | Send Message
    Considering those employees are executives who donate to political campaigns and own box seats at Premier League stadiums, fat chance.
    21 Jul 2014, 02:20 AM Reply Like
  • june1234
    , contributor
    Comments (4504) | Send Message
    Sponsor more soccer leagues
    21 Jul 2014, 08:15 AM Reply Like
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