In this week’s market structure roundup, TABB Group founder and CEO Larry Tabb looks at the CFTC’s proposed Regulation on Automated Trading, or Reg AT, a new set of rules intended to increase transparency and reduce risk in electronic trading, including controversial new powers that would allow regulators to examine traders’ code. He also discusses the ongoing debate over IEX’s exchange application and the war of words over its speed bump, including Citadel’s recent comment letter; shrinking equity trade sizes; and Goldman’s cryptocurrency settlement system patent. Finally, Tabb explores the impact of the Fed’s impending rate rise on the financial markets, including the potential risks to emerging market debt and how increased regulation may have created a more fragile market.
Related video: “Transparent Shorting via Blockchain”
Source: TABB TV
Categories: Currencies & Commodities, Derivatives, Equities, Fintech / Crypto, Fixed Income, Regulatory
Topics: Algorithm, Clearing and settlement, Compliance, Dark pools, Equity trading, Market structure: Exchanges, ATSs, ECNs, Market Surveillance/Technology, Regulations, Risk management, Trade Process Analysis, Trading technology infrastructure