Tag: quant
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Former Headlands Technologies Quant Trader Indicted for Alleged One Billion Dollar Trade Secret Theft and Creation of Rival Startup
Federal authorities in the Southern District of New York have unsealed an indictment against Cheuk Fung Richard Ho, a former quantitative trader and developer, charging him with the theft of proprietary trading code valued at more than $1 billion. The 36-year-old defendant, who previously held a senior technical role at the high-frequency trading firm Headlands…
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