Mon, 23 Jul 2012 10:10:51 GMT - HFT Review
Canadian regulators are setting the stage for a crackdown on “manipulative and deceptive” trading practices, particularly related to lightning-fast electronic trading.
The Investment Industry Regulatory Organization of Canada proposed guidance this week that would confirm the self-regulatory body’s position that employing trading strategies often associated with “algorithmic” and “high-frequency” trading — such as layering, quote stuffing, quote manipulations, spoofing or abusive liquidity detection — is a manipulative and deceptive trading practice.
