About: Haim Bodek

An Entity of Type: Thing, from Named Graph: http://dbpedia.org, within Data Space: dbpedia.org

Haim Bodek is an American developer of trading software, and the son of physicist Arie Bodek. He worked for Hull Trading Company which was acquired by Goldman Sachs in 1999. He became the global head of Electronic Volatility Trading at UBS by 2006, and later established his own company Trading Machines. When his software started losing money in 2009, he tracked the cause to an undocumented order type which was being used by other algorithmic trading companies to gain an advantage over other traders. He exposed the situation with a complaint in 2011 to the Securities and Exchange Commission, which resulted in BATS Global Markets paying a record $14 million fine.

Property Value
dbo:abstract
  • Haim Bodek is an American developer of trading software, and the son of physicist Arie Bodek. He worked for Hull Trading Company which was acquired by Goldman Sachs in 1999. He became the global head of Electronic Volatility Trading at UBS by 2006, and later established his own company Trading Machines. When his software started losing money in 2009, he tracked the cause to an undocumented order type which was being used by other algorithmic trading companies to gain an advantage over other traders. He exposed the situation with a complaint in 2011 to the Securities and Exchange Commission, which resulted in BATS Global Markets paying a record $14 million fine. A 2013 documentary film, The Wall Street Code, recounted Bodek's investigation of the illicit trading strategies. (en)
dbo:wikiPageID
  • 52876836 (xsd:integer)
dbo:wikiPageLength
  • 1843 (xsd:nonNegativeInteger)
dbo:wikiPageRevisionID
  • 981887319 (xsd:integer)
dbo:wikiPageWikiLink
dbp:wikiPageUsesTemplate
dcterms:subject
rdfs:comment
  • Haim Bodek is an American developer of trading software, and the son of physicist Arie Bodek. He worked for Hull Trading Company which was acquired by Goldman Sachs in 1999. He became the global head of Electronic Volatility Trading at UBS by 2006, and later established his own company Trading Machines. When his software started losing money in 2009, he tracked the cause to an undocumented order type which was being used by other algorithmic trading companies to gain an advantage over other traders. He exposed the situation with a complaint in 2011 to the Securities and Exchange Commission, which resulted in BATS Global Markets paying a record $14 million fine. (en)
rdfs:label
  • Haim Bodek (en)
owl:sameAs
prov:wasDerivedFrom
foaf:isPrimaryTopicOf
is dbo:wikiPageWikiLink of
is foaf:primaryTopic of
Powered by OpenLink Virtuoso    This material is Open Knowledge     W3C Semantic Web Technology     This material is Open Knowledge    Valid XHTML + RDFa
This content was extracted from Wikipedia and is licensed under the Creative Commons Attribution-ShareAlike 3.0 Unported License