Compliance must get ready for tougher Indian high-frequency trading rules
Neurensic's Jay Biondo weighs in on HFT and speed bumps at exchanges. "Compliance and legal staff will have to stay abreast of emerging regulations and actively educate their employers about the shifting landscape to ensure that sufficient resources are dedicated to building a robust supervisory program. However, the introduction of 'speed bumps' may likely have little to no impact on the supervisory responsibilities of compliance and legal staff," said Jay Biondo, director of surveillance products design at Neurensic inRead More
Who needs regulators when you have lawyers ready to challenge brokers?
"A group of lawyers said....that they planned to sue the company in British court, accusing the bank of using high-speed trading software to profit in foreign currency markets at the expense of customers" NY Times, Jan 18, 2016Read More