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SPF 30: From the Inside

In: Intelligence in Action

Author

Listed:
  • G. Scott Erickson

    (Ithaca College)

  • Helen N. Rothberg

    (Marist College)

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…”

Suggested Citation

  • G. Scott Erickson & Helen N. Rothberg, 2012. "SPF 30: From the Inside," Palgrave Macmillan Books, in: Intelligence in Action, chapter 7, pages 111-126, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-137-03532-5_7
    DOI: 10.1057/9781137035325_7
    as

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