Australia unveils new HFT curbs

Australian regulators have raced ahead of their European and US counterparts in restricting automated trading, following a series of malfunctions that have rattled investors

The Australian government today unveiled new measures for curbing automated trading, in a further sign that the regulatory mood in the Asia-Pacific region is hardening on the practice.

Australian regulators have raced ahead of their European and US counterparts, which are also engaged in extensive discussions to restrict automated trading following a series of malfunctions that have rattled investors.

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