Tue, 31 Jan 2012 03:50:03 GMT - High Frequency Trading Review
Britain signalled a retreat on Monday over a new breed of trading platform in the European Union, reversing its earlier opposition though still urging tweaks to avoid damaging markets.
The EU, following pledges by world leaders, is reforming its market rules so that chunks of the $700 trillion off-exchange or over-the-counter (OTC) derivatives market are funnelled onto transparent trading plaforms to end the opacity that worried regulators during the 2008 financial crisis.
