Trade secret trial against former Headlands quant gets underway in US
By Melissa Ritti ( November 2, 2026, 16:01 GMT | Comment) -- For quantitative trading firms, proprietary source code and algorithms are the business. A three-week criminal trial in New York against Cheuk Fung Richard Ho, scheduled to begin Monday, could offer a rare glimpse at how exceedingly secretive industries protect their most valuable intellectual property assets.Long before generative artificial intelligence companies began grappling with the intellectual property ramifications of employee mobility, quantitative trading firms have been confronting and guarding against the same risks....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.