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Regulators, CME Group probe high-frequency trading firm

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August 26, 2010 • Reprints

Reports say that a software glitch at Chicago-based Infinium Capital Management is suspected of causing a $1 per barrel surge in crude oil futures on Feb. 3. The reports also say that the company is cooperating with all investigations.

Opponents of high-frequency, computerized trading are expected to highlight the issue as evidence such practices must be curtailed.

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