Eric Scott Hunsader is an American software developer, the founder and CEO of Nanex. Hunsader grew up in Manatee County, Florida, the son of a tomato farmer father, and the second eldest of four children. Hunsader is a leading critic of

high-frequency trading High-frequency trading (HFT) is a type of algorithmic trading in finance characterized by high speeds, high turnover rates, and high order-to-trade ratios that leverages high-frequency financial data and electronic trading tools.Lin, Tom C. W. " ...

(HFT). Before he founded Nanex in 2000, he was a senior software engineer with Quote.com. In February 2016, the

Securities and Exchange Commission The United States Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street crash of 1929. Its primary purpose is to enforce laws against market m ...

(SEC) awarded him $750,000 in respect of his activities as a

whistleblower Whistleblowing (also whistle-blowing or whistle blowing) is the activity of a person, often an employee, revealing information about activity within a private or public organization that is deemed illegal, immoral, illicit, unsafe, unethical or ...

, which led to a $5 million fine against the NYSE. He works in

Winnetka, Illinois Winnetka () is a village in Cook County, Illinois, United States, north of downtown Chicago. The population was 12,475 as of the 2020 census. The village is one of the wealthiest places in the United States in terms of household income. It was ...

References

{{DEFAULTSORT:Hunsader, Eric American whistleblowers Living people Year of birth missing (living people)