Australian Regulator Goes Light on Dark Pools – Recognizes HFT and Dark Liquidity as Part of Financial Landscape

Australian Regulator Goes Light on Dark Pools – Recognizes HFT and Dark Liquidity as Part of Financial Landscape

The worldwide regulatory debate on high-frequency trading and the transparency associated with liquidity supply continues, this time in Australia as the Antipodean regulator ASIC has refined its proposed rules on dark liquidity and high-frequency trading (HFT), the details of which were released today.

ASIC has demonstrated a pattern of tightening rules during recent months, the majority of which relate to the protection of client assets, ensuring industry participants adhere to correct practice and the introduction of the Deal Stream surveillance system to monitor the behavior of FX companies in detail.

In this new report, ASIC has published the results of considerations concerning methods of regulating HFT and, as much as can be possible, those who seek anonymity through the use of dark liquidity pools. On the face of it, ASIC’s rulings appear to be relatively favorable toward such traders at this stage.

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This entry was posted in Breaking News, Business, Dark Pools, Finance, High Frequency Trading, Regulatory Updates and tagged , , , , , , , , . Bookmark the permalink.

One Response to Australian Regulator Goes Light on Dark Pools – Recognizes HFT and Dark Liquidity as Part of Financial Landscape

  1. Pingback: Australian Regulator Goes Light on Dark Pools – Recognizes HFT and Dark Liquidity as Part of Financial Landscape

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