Some traders at fund houses argue that Hong Kong's new requirements on the use of electronic trading and algorithms are far too burdensome.
Tag : dma
The e-Trading Association believes that safeguards against erroneous orders are best implemented at the exchange level. It comes after the SFC imposes the onus on brokers.
Asian fund houses might need to pay fewer brokers for more sales trading amid smaller commission payments if trading volumes do not rebound.
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