.....CFTC panel to review high-frequency trading - News and Current Events | futures.io
futures.io futures trading

Go Back   futures.io

> Futures Trading, News, Charts and Platforms > Traders Hideout > News and Current Events

.....CFTC panel to review high-frequency trading
Started:January 30th, 2012 (07:17 PM) by kbit Views / Replies:180 / 0
Last Reply:January 30th, 2012 (07:17 PM) Attachments:0

Welcome to futures.io.

Welcome, Guest!

This forum was established to help traders (especially futures traders) by openly sharing indicators, strategies, methods, trading journals and discussing the psychology of trading.

We are fundamentally different than most other trading forums:
  • We work extremely hard to keep things positive on our forums.
  • We do not tolerate rude behavior, trolling, or vendor advertising in posts.
  • We firmly believe in openness and encourage sharing. The holy grail is within you, it is not something tangible you can download.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community. It's free and simple, and we will never resell your private information.

-- Big Mike

Thread Tools Search this Thread

.....CFTC panel to review high-frequency trading

Old January 30th, 2012, 07:17 PM   #1 (permalink)
Elite Member
Aurora, Il USA
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
kbit's Avatar
Posts: 5,839 since Nov 2010
Thanks: 3,275 given, 3,321 received

.....CFTC panel to review high-frequency trading

WASHINGTON (Reuters) - The Commodity Futures Trading Commission is expected to review a rapid-fire technique that allows traders to buy and sell shares at lightning speed, a step that could help it better understand the impact of an activity critics say threatens market stability.

Scott O'Malia, a Republican CFTC commissioner, has proposed the formation of a subcommittee that would be tasked with defining and identifying high-frequency trading in futures, swaps and options.

So far there is little consensus as to what is algorithmic or high-frequency trading and how various trading patterns affect the markets.

The subcommittee would be part of the CFTC's Technology Advisory Committee, chaired by O'Malia. CFTC Chief Economist Andrei Kirilenko would lead the panel.

"I believe that this lack of consensus is impeding the ability to have a public debate on different trading patterns and their effects on our markets," O'Malia said on Monday.

In high-frequency trading, banks, hedge funds and proprietary firms use extremely fast automated programs to make trades in electronic markets. Such participants use programs to submit and cancel large numbers of trades, and are able to move in and out of positions quickly.

The popularity of high-frequency trading has surged, and growth is expected to continue as more swaps activity shifts to electronic platforms. High-frequency trading is estimated to account for half of the trades in Europe and roughly a third in the United States.

High-frequency traders were thrust into the spotlight on May 6, 2010, as the Dow Jones industrial average plunged some 700 points in minutes, before it sharply recovered.

Although a government review did not blame high-frequency traders, the Securities and Exchange Commission and CFTC came under pressure to rein in the practice.

CFTC panel to review high-frequency trading - Yahoo! Finance

Reply With Quote


futures.io > Futures Trading, News, Charts and Platforms > Traders Hideout > News and Current Events > .....CFTC panel to review high-frequency trading

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

NinjaTrader 8: Programming Profitable Trading Edges w/Scott Hodson

Elite only

Anthony Drager: Executing on Intermarket Correlations & Order Flow, Part 2

Elite only

Adam Grimes: Five critically important keys to professional trading

Elite only

Machine Learning Concepts w/FIO member NJAMC

Elite only

MarketDelta Cloud Platform: Announcing new mobile features

Dec 1

NinjaTrader 8: Features and Enhancements

Dec 6

Similar Threads
Thread Thread Starter Forum Replies Last Post
HFT High Frequency Trading Michael.H The Elite Circle 787 October 18th, 2016 10:31 PM
High-frequency trading: Technology and regulation kbit News and Current Events 0 December 19th, 2011 08:37 AM
High-frequency firm fined for trading malfunctions kbit News and Current Events 0 November 25th, 2011 07:02 PM
HFT High Frequency Trading tracking timmyb The Elite Circle 32 December 12th, 2010 02:11 AM
High-frequency Trading fiki The Elite Circle 17 January 15th, 2010 10:17 PM

All times are GMT -4. The time now is 09:16 AM.

Copyright © 2016 by futures.io. All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts

Page generated 2016-10-26 in 0.06 seconds with 19 queries on phoenix via your IP