17.06.2016 - U.S. derivatives regulator rethinks algorithmic trading proposal
The U.S. derivatives regulator is rethinking parts of its proposal to regulate automated trading and looking into whether the rule could affect too many people, it said on Thursday. The Commodity Futures Trading Commission, announcing it had reopened the public comment period on the rule through June 26, also said it is considering who should mitigate the risks of algorithmic trades and how the rule would apply when traders purchase their algorithms and systems. It said it asked how to define "source code" and what software and hardware should be included within the term "Algorithmic Trading system."..............................................Full Article: Source
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