Trading concern grows over kill-switch technology
Bank compliance and legal counsel officers raise serious doubts over how new regulatory rules to curb rogue algo trading would be applied and who would potentially be held liable.
Legal counsel and compliance officers at investment banks say proposed regulations that would require brokers to carry out real-time monitoring of algo trading would be operationally difficult.
Sign in to read on!
Registered users get 2 free articles in 30 days.
Subscribers have full unlimited access to AsianInvestor
Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.
¬ Haymarket Media Limited. All rights reserved.