Category: Algorithmic Trading Expert Witness
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Algorithmic Trading Expert’s Opinion is Irrelevant to Establishing Pretext under Title VII
Zongzong (Nicole) Tao has filed a lawsuit against her former employer, Simplex Investments, LLC, alleging discrimination based on gender and race/national origin, in violation of Title VII and the Illinois Human Rights Act. Simplex is a proprietary trading firm that employs algorithmic high frequency trading strategies to make profits from trading futures and equity options.…