Sergey Aleynikov Fan Club

If you are on Facebook, join the Sergey Aleynikov Fan Club.  Aleynikov is the whistleblower who copied Goldman Sachs' illegal, market-manipulating computer software.  Aleynikov, who should be heradled as a hero, is being prosecuted by the United States Department of Justice - even though Goldman Sachs has admitted that its software is designed to manipulate the stock market.

Show your support for Aleynikov.

Comments

[Alex]

The part I do not quite understand is how some other firm would be able to properly utilize this code. I assume front running involves before the fact knowledge of orders, not detecting after the fact patterns in executed orders.

According to the stats, GS is responsible for 40% of the program trading activity, so it can front run against its own clients. Who else has access to that large a body of order executions? How do the ‘markets’ get manipulated?

So, is this a smoke screen to lock down the code as it will reveal something different about its purposes? Theft of IP shows GS has been harmed and justifies preventive actions - why the need to warn about the possibility of a financial WMD?

http://www.beaconintegration.com