Tag Archives: European Commission

Italians to delay derivatives FTT

Italian lawmakers are to delay the introduction of a financial transaction tax on derivatives and “high-frequency” trades by at least two months, reflecting growing uncertainty over the levy which is being closely watched ahead of a proposed transaction tax across … Continue reading

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EU Agrees on Tighter Oversight of ‘Dark Pools’

European Union states reached a tentative deal Monday to tighten regulation of derivatives markets that sets finance ministers on a collision course with the European Parliament, opening the prospect of months of haggling over a compromise deal. The rules, known … Continue reading

Posted in Articles, Breaking News, Dark Pools, Finance, High Frequency Trading, Regulatory Updates, The Wall Street Journal | Tagged , , , , , , , | 1 Comment

European Union Plans on HFT Regulation with Philippe Guillot, AMF, at High-Frequency Trading Leaders Forum 2013 London

European regulators are now taking a shot at promoting transparency. Last year, the European Commission put forth a proposal for an update to its Markets in Financial Instruments Directive, or MiFID, which was passed in November 2007 to create a more … Continue reading

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ECB’s Nowotny Calls For High-Frequency Trade Ban

(Reuters) – European Central Bank policymaker Ewald Nowotny called on Thursday for a regulatory ban on high-frequency trading, saying the technique of using computer algorithms to generate multiple high-speed trades had no practical value. A day after the European Commission … Continue reading

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EU Lawmakers Urge Tougher HFT, Commodities Rules

As reported by Huw Jones from Reuters, a draft European Union law to crack down on ultra-fast trading and stop abusive positions in commodities needs toughening up, EU lawmakers said on Monday. Computerised “algorithms” and high-frequency trading (HFT) have been blamed by … Continue reading

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High-Frequency Trading Will Adapt to ‘Robin Hood’ Tax in Europe

According to Financial News’ Joe Morgan, the European Parliament earlier this month voted in favour of using a tax on financial transactions to raise revenues for future European Union budgets. The tax, sometimes known as a Robin Hood tax, would … Continue reading

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Surprisingly, High-Frequency Stalwart GETCO Backs Tougher Regulation in Europe

Reuters’ Luke Jeffs reports that super high-frequency trader GETCO is backing regulatory plans to impose restrictions on these controversial trading firms but questioned whether these measures alone would prevent a repeat of last year’s U.S. flash crash. The U.S. Securities … Continue reading

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E.C. Criticized Over Plans For High Frequency Trading

The Wall Street Journal’s Ben Rooney reports that European plans for regulating high-frequency trading have been slapped down by the U.K.’s Financial Services Authority, which said Europe’s national regulators lacked the resource and experience to police them properly. The Journal’ … Continue reading

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