SUBSCRIBERS

ECB calls for light touch on high frequency trading

It says focus should be on curbing the damage done by ultra-fast trades, not to squeeze market liquidity

Published Tue, Oct 25, 2016 · 09:50 PM

Frankfurt

THE European Central Bank called for a gradual approach to regulating ultra-fast trading on Tuesday, fearing stringent rules on the practice might jeopardise financial markets.

High-frequency trading (HFT), which uses super-fast computers and connections to place trades, has been blamed for accentuating market swings and penalising other investors by flooding trading venues with orders that immediately get cancelled or go unfilled.

KEYWORDS IN THIS ARTICLE

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here