Why even mid-sized trading firms are hurting
from Crain's Chicago Business
High-speed trading profits have been trending down for years, knocking off Chicago's small traders along the way. Now the city's midtier firms are feeling the squeeze. Chopper Trading sold out to DRW Trading in January, Infinium Capital shuttered after selling part of its business last year and Allston Trading recently dropped its stocks strategy to focus on futures.
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