By Barbara Shecter
Canadian regulators are setting the stage for a crackdown on “manipulative and deceptive” trading practices, particularly related to lightning-fast electronic trading.
The Investment Industry Regulatory Organization of Canada proposed guidance this week that would confirm the self-regulatory body’s position that employing trading strategies often associated with “algorithmic” and “high-frequency” trading — such as layering, quote stuffing, quote manipulations, spoofing or abusive liquidity detection — is a manipulative and deceptive trading practice.
685 days ago,(2012/12/14) - HFT Review
By John D'Antona Jr One-fifth of all Canadian trading is high-frequency trading, says the nation's biggest regulator.And such traders produce 94 percent of all order messag...
855 days ago,(2012/06/27) - HFT Review
By Jennifer Kwan High-frequency trading, using lightning-fast algorithms to turn profits, represents a fifth of all activity on the Toronto Stock Exchange and other...