The German authorities plan to introduce rules to force firms to flag their algos on April 1
Futures traders are unaware of
their obligations to flag their algorithmic trading activity
under new rules that take effect in Germany next month, a legal
expert has warned, writes Joe Parsons.
According to Sam Tyfield, a
partner at law firm Vedder Price, many firms are not clear over
the scope of the requirements set to come into force on April
1, as part of the German high frequency trading (HFT) act.
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