https://www.taxtmi.com/news?id=3746 Regulatory guidance requires exchanges and brokers to implement comprehensive risk management controls for algorithmic trading: exchanges must manage system load and consistent response times, apply economic disincentives for high order to trade ratios, identify and disable dysfunctional algos and remove their orders. Brokers may provide algorithmic trading only with prior exchange permission and must implement minimum controls-price, quantity, order value, cumulative open order value and automated execution checks-and maintain real time monitoring and undertakings confirming technical capability. en-us Wed, 05 Sep 2012 18:51:45 +0530 Wed, 05 Sep 2012 18:51:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3746 Regulatory guidance requires exchanges and brokers to implement comprehensive risk management controls for algorithmic trading: exchanges must manage system load and consistent response times, apply economic disincentives for high order to trade ratios, identify and disable dysfunctional algos and remove their orders. Brokers may provide algorithmic trading only with prior exchange permission and must implement minimum controls-price, quantity, order value, cumulative open order value and automated execution checks-and maintain real time monitoring and undertakings confirming technical capability. News - Wed, 05 Sep 2012 18:51:45 +0530 https://www.taxtmi.com/news?id=3746