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Attys Nab $5M After Trader's Spoofing Suit Settlement


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Attys Nab $5M After Trader s Spoofing Suit Settlement
Law360 (August 2, 2021, 7:10 PM EDT) An Illinois federal judge has awarded roughly $5 million in fees to the attorneys representing a class of futures traders in their suit against Tower Research Capital and granted final approval of a $15 million deal resolving claims that the company allowed thousands of spoofed commodities orders.
U.S. District Judge John J. Tharp Jr. gave the final signoff on Friday after a final fairness hearing on the settlement, awarding $4.95 million in attorney fees to class counsel Cafferty Clobes Meriwether & Sprengel LLP and Lowey Dannenberg PC or 33% of the settlement fund. ....

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Algorithmic Trading Market 2021-2025: Industry Analysis, Market Trends, Growth, Opportunities and Forecasts


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NEW YORK, July 28, 2021 /PRNewswire/ The algorithmic trading market is poised to grow by USD 3.79 billion during 2021-2025, progressing at a CAGR of almost 6% during the forecast period.
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Technavio has announced its latest market research report titled-Algorithmic Trading Market by Component and Geography - Forecast and Analysis 2021-2025
The report on the algorithmic trading market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis.
The report offers an up-to-date analysis regarding the current global market scenario and the overall market environment. The market is driven by factors such as the high demand for market surveillance, the rise in the integration of financial markets, the growing opportunities and demand in APAC. ....

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