Business Wire to cut off high frequency traders

Published February 20, 2014 10:53pm ET



NEW YORK (AP) — Business Wire, a company that publishes and distributes corporate earnings and other news releases, will stop providing its service directly to high frequency trading firms.

The decision comes after an article in the Wall Street Journal earlier this month highlighted the advantage that high-frequency trading firms had gained by getting the information directly from Business Wire, rather than accessing it through financial news wires such as ThomsonReuters, Dow Jones and Bloomberg.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.