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Veteran trader calls for more exchange regulation

Philip York, CEO of trading firm Alt 224, points to a number of changes that need to happen in Hong Kong, for example, to help the buy-side.
Veteran trader calls for more exchange regulation
Philip York is chief executive of trading firm Alt 224 and founder of the Hong Kong-based eTrading Association. He has been trading equities and derivatives since 1984, including in Asia, and spoke to AsianInvestor recently. AsianInvestor: Regulators are formulating new rules on e-trading risk limits and controls to protect market integrity. Are more measures needed in the markets you trade? York: We need regulators to stop increasing the burden of regulation on buy- and sell-sid…
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