Moment the S&P Drops as Early Data Is Released
Wall Street banks are paying Thomson Reuters to receive important data earlier and faster than the rest of the market. The early-released numbers include the results of the University of Michigan Consumer Confidence Index, CNBC’s Eamon Javers reports. As the information is released to high frequency traders at 9:54:58, watch as the S&P 500 SPDR drops at that very moment.
Fri, Jun 14 20139:53 AM EDT