Taming the High-Speed Traders

Taming the High-Speed Traders

Taming the High-Speed Traders

High-frequency trading, which dominates the market in the United States, and has been associated with some high-profile problems in this country, is getting more oversight abroad, in places like Germany, Australia and Canada. As Nathaniel Popper of The New York Times puts it, “countries around the globe are now using America as a model for what they don’t want to look like.” Our own Securities and Exchange Commission, though, is taking a look at how high-speed trading glitches are handled, according to The Wall Street Journal. (On Tuesday, the S.E.C. is hosting a meeting in Washington to talk about ways to limit problems.)

A committee of lawmakers in the European Parliament voted on Wednesday to have orders by speedy traders be delayed by at least a half-second — an eternity when time is measured in millionths of a second. Those proposed rules, which would need support from individual countries, came right after the German government moved forward with an effort to bring these traders under stricter government control…

Read more

About yocijourney

God does not play dice
This entry was posted in Dark Pools, Finance, High Frequency Trading, Insider Trading, knight capital, Market Making, NASDAQ, Regulatory Updates, SEC and tagged , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

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

WordPress.com Logo

You are commenting using your WordPress.com 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