Optiver's Hilgers warns that speed bumps will increase costs for all in the market.
of the world’s top electronic trading firms has
slammed US plans to introduce speed bumps to counter
high-frequency trading on exchanges, arguing this will make
doing business more expensive for everyone.
at the 54th World Federation of Exchanges General
Assembly in Seoul, Korea, Paul Hilgers, the group chief
executive of Optiver Holdings, said the US plan to impose speed
bumps on traders "underestimates the complexity of the
"It’s naïve to look at one product because
the markets are so interlinked," he warned.
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