June 11, 2010

CFTC Proposes New Rules for Co-Location

By Gregory Meyer and Michael Mackenzie in New York

The US futures regulator has proposed new rules for exchanges catering to traders seeking an edge in increasingly electronic markets.

The Commodity Futures Trading Commission for the first time plans to regulate so-called “co-location,” the practice of letting high-frequency traders place their computer servers inside an exchange to access prices as quickly as possible and shave crucial microseconds from the time it takes to complete a trade…

Read Full Article on Financial Times.

Last Updated: August 5, 2010