Traders Magazine Online News, March 21, 2011
Peter Chapman
In the wake of regulatory concern over disruptive trading practices, an industry group today will debate the need for a set of guidelines covering risk management in electronic trading.
FIX Protocol Ltd., a pan-industry group that promotes and supports electronic trading through the ubiquitous FIX communications standard, has crafted a series of 13 risk checks that it wants brokers handling electronic trades to adhere to, according to sources.
To read more:
http://www.tradersmagazine.com/news/flash-crash-risk-guidelines-107307-1.html
Filed in Volume News Portal