Tag Archives: CME Group

Knightmare on Wall Street’s Edgar Perez on ‘Knight Capital, Goldman Sachs and NASDAQ’s trading glitches, a Sad New Market Reality?’

Mr. Edgar Perez, Author,  The Speed Traders and Knightmare on Wall Street, will provide the keynote speech “Knight Capital, Goldman Sachs and NASDAQ’s trading glitches, a Sad New Market Reality?” at High-Frequency Trading Leaders Forum 2013 Chicago, “Strategic and Tactical … Continue reading

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BLOOMBERG: CFTC Seeks Comment on Potential High-Speed Trading Curbs

As reported by Bloomberg’s Silla Brush, the U.S. Commodity Futures Trading Commission (CFTC) is seeking comment on whether to require registration for automated trading firms, taking a first step in potential restrictions on high-speed and algorithmic derivatives trading. CFTC members … Continue reading

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While Infinium Starts Talks on Tie-up, Knight Founders Join Knightmare’s Book Launch Party

While Infinium Capital Management is in talks to acquire a strategic partner, as reported by Reuters, founders of Knight Capital will be in attendance today at the book launch party for Knightmare on Wall Street, Edgar Perez’s latest book about … Continue reading

Posted in Breaking News, CME Group, Events, knight capital, Practitioners | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

High Frequency Trader “Spoofs” and “Layers” his Way to Penalties from U.S and British Regulators

On July 22, 2013, regulators from the United States Commodity Futures Trading Commission (CFTC) and the British Financial Conduct Authority (FCA) fined high frequency trader Michael Coscia (and his firm Panther Energy Trading) for engaging in spoofing transactions for the … Continue reading

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CME Requests CFTC Approval to Change Rule Barring Wash Trades

  CME Group Inc. (CME), the owner of the world’s largest derivatives market, asked the Commodity Futures Trading Commission to approve a change to its rule barring traders from engaging in transactions with themselves. Following discussions with the CFTC’s market … Continue reading

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CFTC’s Chilton Seeking Review of CME Wash-Trade Restrictions

U.S. regulators should review CME Group Inc. (CME)’s plan for blocking wash trades to ensure that it sufficiently restricts the illegal transactions, said Bart Chilton, a member of the Commodity Futures Trading Commission. CME’s plan for preventing the trades, in … Continue reading

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Regulator Criticizes Exchange Efforts on ‘Wash Trades’

A Commodity Futures Trading Commission official said Monday a new program by CME Group CME -0.65% aimed at preventing illegal trades on the futures exchange needs more scrutiny. The CFTC has been investigating whether high-frequency traders are routinely using so-called “wash trades” — where … Continue reading

Posted in Breaking News, Finance, High Frequency Trading, Regulatory Updates, The Wall Street Journal | Tagged , , , , , , , , | 1 Comment

HFT Observation: Donations and Lobbying by High Speed Traders are Rising

Sarah Lynch from Reuters reports that high-frequency trading firms have increased their campaign contributions to federal lawmakers by 673 percent from the 2008 to the 2012 election cycle, according to a report that sheds light on their political connections in … Continue reading

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HFT Analysis: High Speed Trading a Stiff Challenge for SEC and CFTC Regulators

Christine Stebbins from Reuters reports that financial trading in world markets has grown so lightning-fast that effective regulation is growing tougher by the second, increasing the threat of crashes sparked by hoaxes, electronic glitches or yet-unknown causes. The latest alarm … Continue reading

Posted in CFTC, CME Group, High Frequency Trading, Regulatory Updates, SEC, TABB Group poll | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

U.S. Regulators Investigating if High-frequency Traders are Distorting Stock and Futures Markets: ‘Wash Trades’

According to The Wall Street Journal’s Scott Patterson, Jenny Strasburg and Jamila Trindle, U.S. regulators are investigating whether high-frequency traders are routinely distorting stock and futures markets by illegally acting as buyer and seller in the same transactions, according to … Continue reading

Posted in Breaking News, CFTC, CME Group, Equity Markets, High Frequency Trading, knight capital, SEC, The Wall Street Journal | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment