Mon, 23 Jul 2012 10:43:05 GMT - HFT Review
The U.S. Securities and Exchange Commission took a step toward improving its oversight of equity and options markets, contracting for a system that collects quote and trade data sold mainly to private users.
Regulators will be able to tap into real-time feeds of orders, quotes and transactions that are generated by exchange companies such as NYSE Euronext (NYX) and CBOE Holdings Inc. (CBOE) and were, until now, used primarily by banks and automated trading firms. Tradeworx Inc., a high-frequency firm and technology vendor in Red Bank, New Jersey, is delivering a platform to compile the data under an SEC contract.
