[Flavius]

Yeah i got side blinded with this, i know of other ways they are scamming the public, this was new i missed this one.

So bad on me.

[meadsjn]

That was from Karl Denninger. He wrote a short entry a couple of weeks ago when the story about the arrest of the former GS programmer aired. Goldman Sachs was refusing to reveal just what the software does, but insisted it was theirs. Denninger, and other market watchers, insisted that all investors needed to know just what the software does, before they invest more money of transact more trades.

The speculation is that it was capable of handling front-running (as described in your main article). Apparently, that is illegal, and would discourage any sane investor.

[dennisw]

Front running via high frequency trading is a very big issue these days. Some reports have Goldman Sachs making more than 50% of the trades on our stock exchanges via HFT. This is the massive in and out and test the market—high frequency trading