2012-06-26huffingtonpost.com

A small band of humans is fighting what it warns is the rise of the machines in financial markets.

A group of two dozen brokers and traders has sued CME Group, the owner of major commodities exchanges in New York and Chicago, arguing that a new rule that took effect on Monday would benefit high-frequency traders, favoring machines over people and putting hundreds of jobs at risk at futures and options exchange the Chicago Board of Trade.


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