04.06.2010 - CFTC to scrutinize high-frequency trading-O'Malia
From Reuters: The U.S. futures market regulator will look hard at whether to impose new rules to limit high-frequency and algorithmic trading strategies that threaten to distort prices, a top official told Reuters on Thursday. In his first major interview since taking over a revived Commodity Futures Trading Commission group that will study rapidly evolving technology in futures markets, Scott O'Malia said his group would ask "tough questions." In particular, he vowed scrutiny of the practice of "baiting" the market by using small-volume trades to drive prices in one direction...............................................Full Article: Source
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