The Securities & Exchange Commission wants to know what YOU think about high-frequency trading and so-called dark pools or dark liquidity, in which securities trading happens without public listing of price quotations.
Mary Schapiro, head of the SEC has said in a letter to Senator Ted Kaufman, Democrat of Delaware, that the Commission will seek public comment about such obscure trades “early next year,” according to a piece in the Financial Times. Kaufman is a critic of dark liquidity and other irregularities of trading. “Next month we hope to seek public comment,” FT quotes Schapiro, “through a concept release or similar document, on a range of issues relating to dark liquidity in all of its forms, as well as the impact of high frequency trading in our markets.�
So, make your voice heard!
No comments:
Post a Comment