As CFTC considers restricting high-frequency futures trades by requiring a minimum resting time for orders, industry insiders say the change would drive up costs.
By Matthew Leising, Bloomberg|December 12, 2013 at 11:44 AM
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Slowing down the U.S. futures market by requiring that offers to buy and sell remain available for a minimum amount of time would hurt investors by driving up their costs, an industry trade group told the nation’s main derivatives regulator.
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