Firms are wary of the imposition of new trading rules on electronic traders
Some of the world’s top
trading firms have warned about the imposition of overly tough
rules aimed at clearing up the complex business of electronic
Speaking at the FIA Expo 2015 in Chicago
on Thursday, Greg Wood, director, algorithmic execution, listed
derivatives and foreign exchange at Deutsche Bank, said: "A lot
of these controls are tools and tools are only as good as there
implementation and their usage."
"If the implementation is not flexible or
practical enough you can’t mandate it because then
you impose something that may not work."
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