Advanced Trading (September 27)
2012/ 09/ 29 by jd in Global News
Despite several major incidents upsetting markets, “U.S. regulators have been slow to act” to regulate high-frequency trading. Germany, Canada, Australia, the EU and other countries, however, are moving ahead. Approaches include transaction fees and minimum time requirements before orders can be cancelled. These countries “think that by acting now, they can protect their markets against the types of technological disruption we’ve seen here. Let’s wait and see if it works.” High-frequency trades now account for 65% of U.S. stock trading and 45% of European stock trading.
Tags: Australia, Canada, Germany, High frequency trading, Regulators, the EU, U.S.
