The US SEC is currently considering the exchange’s Client Suspension Rule
Exchange group Bats Global Markets’ Client Suspension Rule,
which is currently awaiting regulatory approval, could be successfully
implemented across all trading markets, according to the exchange group’s chief
“The rule could be adopted across other markets; in fact, we
have seen recent examples where such a rule would have been very useful.
Adoption across derivatives, FX and commodities, for example, wouldn’t require
much adjustment to the rule - layering and spoofing occurs in all markets,” Chris
Concannon, president and CEO of Bats Global Markets told FOW on Tuesday.
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