Because the market is eternal competition. If one does something that works others have to figure it out and nobody puts their ideas in open source.
My opinion is that they aren't worried about their competitors so much as the govt.'s patching the loopholes that they do because the only way they are a net sum positive game (in my opinion) is that they make money from the losses of the average person and that too in fraudulent manners at time.
Jane Street's $5 Billion Derivatives Scam Rocks SEBI :https://frontline.thehindu.com/columns/jane-street-sebi-scan...