CFTC, Foreign Regulators Issue Joint Statement on OTC Derivatives

The U.S. Commodity and Futures Trading Commission (CFTC) issued a joint statement with foreign regulators today that outlines plans for cross-border rules. The joint statement was signed by regulatory leaders from Australia, Brazil, the European Union, Hong Kong, Japan, Canada, Singapore, and...

German Lawmakers Draft HFT Rules

Germany’s ruling coalition has agreed on a set of principle that will allow Bafin, the country’s regulatory authority, to oversee high-frequency trading (HFT). The proposed regulations seek to ban high-frequency traders from using strategies such as “fleeting orders,” where traders place a large...