Algorithmic trading a top SEC worry | Bangkok Post: business

Business >

Algorithmic trading a top SEC worry

Global trend towards automation carries risk

- +

Securities regulators worldwide have voiced concern over a rapid increase in algorithmic trading volume, as it could further pressure local markets and prompt volatile trading in immediate response to market movements. 

Vorapol Socatiyanurak, secretary-general of the Securities and Exchange Commission (SEC), told yesterday's annual meeting of Asia-Pacific market regulators that all are in agreement about the seriousness of algorithmic trading.

Also called automated or black-box trading, algorithmic trading is the use of an electronic platform to enter trading orders with algorithms deciding aspects such as timing, price and quantity of the order or in some cases initiating the order without human intervention.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

1 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments