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Reuters Admits To "Inadvertently" Leaking ISM Data 15ms Early To HFT Clients
Yes, and last week ADP data (i think) was given to "subscribers" 3min before advised time resulting in significant move. And then there was some economic data that was revised from positive to negative some 5min later. As if they didn´t knew that already when releasing the wrong numbers.. some ppl definately create their free lunches there.
I have a "FIX" for these leaks that come out a few minutes early- don't release any economic numbers during regular market hours...same for the Fed- after hours only... that would eliminate chart spikes too..