The Tabb group research said annual cost of staying compliant will surpass $2m
Research firm Tabb Group has published a
report estimating the initial cost of implementing the
Regulated Automatic Trading regime in the US futures market
will exceed $15million and that the cost for ongoing compliance
will surpass $2million annually.
The new research suggests that while the
US futures regulator the Commodity Futures Trading Commission
(CFTC) is aware of the expenses related to implementing
Regulation Automatic Trading and wants to ensure the costs do
not outweigh the benefits, it has not fully grasped what the
financial impact will be. Based on industry estimates for 100
firms, the report estimates the cost to the industry for
initial implementation of Reg AT to be $15million and to
surpass $2million annually for ongoing compliance, exceeding
This article is available exclusively to subscribers
Please log in to continue reading.
Not yet a subscriber?
Click here to take a free trial.
Already have an account? |
Please fill in your details below and a customer service representative will contact you.