Gits (Hooglede) Belgium
Legendary Market Wizard
Experience: Master
Platform: NinjaTrader, Proprietary,
Broker: Ninjabrokerage/IQfeed + Synthetic datafeed
Trading: 6A, 6B, 6C, 6E, 6J, 6S, ES, NQ, YM, AEX, CL, NG, ZB, ZN, ZC, ZS, GC
Posts: 3,003 since Sep 2013
Thanks Given: 2,442
Thanks Received: 5,863
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The story is a bit different i think.
Normally news release are distributed to the press before the actual announced.
This is under 'embargo', means the journalist can only use the news to prepare
his article, not to communicate or trade on the news...
What this hackers have done, is get access to that news, before it is actually
released in the market, then have then used it as an edge to make profit and
got caught..
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