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This section of the autobahn in Germany has posted speed limits of 120 km/h
This section of the autobahn in Germany has posted speed limits of 120 km/h
(iStockPhoto.com)

RBC patents anti-high-frequency trading router

Developing a new trading technology is one thing. Getting it patented is quite another.

After almost four years of trying, Royal Bank of Canada’s securities division received a U.S. patent for a trading system designed to make it harder for high-frequency traders to figure out what other investors are doing.