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.
Tag : high frequency
Liquidnet founder Seth Merrin says exchanges are upgrading systems to cater to high-frequency traders amid slow markets, raising the risk of glitches and potentially alienating some players.
Hong Kong's securities regulator should give the stock exchange more responsibility for monitoring high-frequency trading, they argue.
Australian regulator Asic is proposing to tighten controls over algo trading, but some say this will make HFT unviable and hurt the entire market.
