| 28.07.2011 - EU seen imposing standards to avert trading glitches |
| Regulators will impose minimum technical standards on trading platforms after crashes have become more commonplace due to reliability being sacrificed for speed, a consultancy said on Wednesday. Frederic Ponzo, managing partner at GreySpark, which advises investment banks on trading, said systems are becoming leaner to bump up speed, making them brittle and prone to glitches. .............................................Full Article: Source |