The Financial Times (FT) has expressed its opposition to an ongoing French criminal probe into alleged algorithm manipulation. According to reports, the investigation centers around claims that certain algorithms used in financial markets were manipulated to manipulate prices and gain unfair advantages.
The FT is concerned that such probes may stifle innovation and undermine fair competition in the markets. As a leading financial news publication, the FT aims to provide accurate and unbiased information to its readers.
The French authorities have been investigating allegations of algorithmic manipulation since last year, with multiple suspects identified and several companies implicated. However, some experts argue that these claims are exaggerated or misinterpreted, and that there is no concrete evidence to support the allegations.
The FT has a long history of reporting on the use of algorithms in financial markets, and it continues to provide in-depth analysis and commentary on this topic.
Source: https://www.ft.com/content/21818d23-71d7-45a4-ae8c-e7940f5d9e00