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EU promises ’strictest’ curbs on high-frequency trading

Posted on 15 April 2014

Michel Barnier says new rules will stop market abuse through high-speed trading. The EU’s financial chief has promised some of the toughest curbs on controversial use of high-frequency trading highlighted by author Michael Lewis in Flash Boys.
The restrictions are part of EU market reforms that will be voted on by the European Parliament on Tuesday. Michel Barnier, the EU financial services commissioner, said on Monday: “With these rules the EU is putting in place one of the strictest set of regulations for high-frequency trading (HFT) in the world………………………………………..Full Article: Source


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