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Australia Government The Almighty Buck Technology

Australia May 'Pause' Trades To Tackle High-Frequency Trading 342

Posted by samzenpus
from the slow-it-down dept.
angry tapir (1463043) writes "The Australian Securities and Investment Commission (ASIC), a government financial watchdog, is reportedly contemplating the idea of implementing a 500 millisecond delay on trades in an effort to put the brakes on high-frequency trading. ASIC last year knocked back the idea and stated that fears about HFT were overblown. However, in a government inquiry today representatives of the organization said the idea of a 'pause' is still on the table."
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Australia May 'Pause' Trades To Tackle High-Frequency Trading

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