Fullerton trading head backs global oversight of HFTs

In light of the volatile markets of the past few quarters, Fullerton Fund Management's dealing team has been spending more time looking at behavioural finance and argues that global rules for high-frequency traders are needed. “We try to understand things like risk-aversion theory, fear and euphoria underneath technical indicators,” says Darren Tay, head of trading at the Singaporean firm, which manages money for sovereign wealth fund Temasek along with mutual funds. This analysis…