Legal Opinion

In re Barclays Liquidity Cross & High Frequency Trading Litig.

District Court, S.D. Illinois

Decided May 28, 2019No. 14-MD-2589 (JMF)PublishedCited by 8 opinions

1Opinion of the Court

JESSE M. FURMAN, United States District Judge:

In this multidistrict litigation, familiarity with which is presumed, investors allege *439that seven stock exchanges (the "Exchanges") are violating the federal securities laws by providing services to high-frequency trading ("HFT") firms in a way that amounts to actionable "market manipulation." In particular, the investors argue that by providing (or selling) HFT firms services that allow those firms to execute allegedly harmful trading strategies more successfully (thus harming the investors), the Exchanges have engaged in conduct that adds up to…

2Cases cited51 opinions

  1. Ashcroft v. IqbalSupreme Court of the United States · 2009
  2. Bell Atlantic Corp. v. TwomblySupreme Court of the United States · 2007
  3. Lujan v. Defenders of WildlifeSupreme Court of the United States · 1992
  4. Spokeo, Inc. v. RobinsSupreme Court of the United States · 2016
  5. Lewis v. CaseySupreme Court of the United States · 1996

46 more not listed; retrieve them via the Exa API.

3Cited by8 opinions

  1. Bright Kids NYC Inc. v. KellyDistrict Court, S.D. New York · 2020
  2. Commodity Futures Trading Commission v. GormanDistrict Court, S.D. New York · 2023
  3. DoubleLine Capital LP v. Odebrecht Finance, LtdDistrict Court, S.D. New York · 2025
  4. In Re: Chicago Board Options Exchange Volatility Index Manipulation Antitrust LitigationDistrict Court, N.D. Illinois · 2020
  5. Kashef v. BNP Paribas SADistrict Court, S.D. New York · 2021

3 more not listed; retrieve them via the Exa API.

Showing a preview — retrieve the full document via the Exa API.

Powered by the Exa API