Eric Scott Hunsader is an American software developer, the founder and CEO of

Nanex Nanex is a Chicago-based firm that offers streaming market data services, and real-time analysis and visualization tools. They offer data on all market transactions to their clients who are typically traders and other financial analysis firms. "Th ...

. Hunsader grew up in

Manatee County Manatee County is a county in the Central Florida portion of the U.S. state of Florida. As of the 2020 US Census, the population was 399,710. Manatee County is part of the North Port-Sarasota-Bradenton Metropolitan Statistical Area. Its county s ...

, 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 financial trading characterized by high speeds, high turnover rates, and high order-to-trade ratios that leverages high-frequency financial data and electronic trading tools. While there is no ...

(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 U.S. 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. The primary purpose of the SEC is to enforce the law against market ...

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

whistleblower A whistleblower (also written as whistle-blower or whistle blower) is a person, often an employee, who reveals information about activity within a private or public organization that is deemed illegal, immoral, illicit, unsafe or fraudulent. Whi ...

, 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, located north of downtown Chicago. The population was 12,316 as of 2019. The village is one of the wealthiest places in the nation in terms of household income. It was the second- ...

References

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