Flashpoint for Asian regulators

'Flash Boys', a book about high-frequency trading, is certain to gain a wide audience in Asia as it is a growing phenomenon regulators in the region are playing close attention to.

Flashpoint for Asian regulators

In promotional interviews for his latest book, Flash Boys, Michael Lewis has said that equity markets are rigged in favour of high-frequency traders who use speed to cheat big institutional investors.

Asia has largely avoided the problems associated with these high-speed strategies because most markets have just one exchange.

A study in 2011 suggested that HFTs contributed 70% of trading volume in the US, compared to just 10% in...

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