A leadership fight has broken out over one of the world’s most secretive and profitable high-frequency trading firms

Former Reporter

A leadership fight has broken out over one of the world’s most secretive and profitable high-frequency trading firms, pitting a beret-wearing mathematician against a former business partner and a Ukrainian physicist.

The dispute in recent weeks has spilled into lawsuits that, for the first time, shed light on the inner workings of Quantlab Financial, a Houston-based high-frequency trading firm. A website for co-founder Wilbur “Ed” Bosarge Jr. says the firm accounts for between 3% and 10% of total daily volume on the venues where it trades.

Former HFT executives allege ‘tyrannical coup’ at Quantlab

Bradley Hope

Virtu Financial

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