SPF 30: From the Inside
G. Scott Erickson and
Helen N. Rothberg
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G. Scott Erickson: Ithaca College
Helen N. Rothberg: Marist College
Chapter 7 in Intelligence in Action, 2012, pp 111-126 from Palgrave Macmillan
Abstract:
Abstract In 2010, Sergey Aleynikov was charged with trade secret theft and related offenses (United States v. Aleynikov 2010). He had been employed by Goldman Sachs for over two years as a Vice President with responsibility for programming, specifically for “developing and maintaining some of the computer programs used to operate Goldman’s high-frequency trading system.” In June 2009, he left to take a similar, Executive VP position with Teza Technologies, charged with creating a competing trading platform. On exit, he allegedly downloaded files containing the source code for the “Platform” used by Goldman to “rapidly obtain information on the latest market movements, to process that information into a form that can be analyzed by the algorithms, and to execute the trading decisions…”
Keywords: Knowledge Development; Knowledge Asset; Financial Service Industry; Competitive Intelligence; Trading Platform (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-03532-5_7
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DOI: 10.1057/9781137035325_7
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