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...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition

CONFERENCES

  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...