CFTC Addresses Algo Risk

Discussion in 'Wall St. News' started by Options12, Mar 2, 2012.

  1. Options12

    Options12 Guest

    The CFTC and the Securities and Exchange Commission adopted various measures in response to the US equity market’s “flash crash” in May 2010, such as requiring risk checks by brokers of all trades before they are sent to the market.
    But disruptions still occur. As recently as last week, the NYSE Amex options market said that a market maker made 30,000 erroneous options trades in 27 seconds.



    http://www.ft.com/intl/cms/s/0/9813...links/rss/markets/feed//product#axzz1nxiweOuE