Sergey Aleynikov Pleads Not Guilty on Charges of High Frequency Trading Software Theft

So, he is going to trial.

I'm surprised.

In my earlier examinations of this matter, it appeared that Goldman Sachs was considering letting it slide, because Mr. Aleynikov was requesting something that they did not want to provide.

The basics are fairly simple: High Frequency Trading (HFT) is basically a way to front run the entire market, and this guy was their head software guy in the process, so the trial should be interesting.