Consultation Key to Effective Regulation of High-Frequency Trading

As reported by Waters Technology’ James Rundle, although the industry has yet to feel the full force of upcoming regulations, vendors and standards bodies say that for high-frequency trading (HFT) rulemaking, there must be extensive dialogue between participants and regulators.

“You do get very emotional statements about whether high-frequency traders are speculators,” says Chris Pickles, head of industry initiatives at BT. “They are trying to move away from that, because investment firms have been trying to explain to regulators what this is about, and regulators themselves are therefore caught between two sides: one is the financial market participants, and the other is the governmental masses, who tell them in which direction they should be going. So getting that clarity first, and taking the time to explain to regulators what this is all about is a critical factor for investment firms.”

Read More

This entry was posted in Articles, Breaking News, U.S. Economy, Useful Links and tagged , , , , , , . Bookmark the permalink.

Leave a Reply

Please log in using one of these methods to post your comment: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s