Stock Groups

SEC to consider rules that boost transparency of high-frequency trading firms

by Mike Robinson

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© Reuters.

WASHINGTON (Reuters) – The highest U.S. Securities and Trade Fee (SEC) official mentioned he has requested workers to suggest guidelines round making certain principal buying and selling companies (PTFs) are appropriately registered as sellers, calling for improved transparency on the planet’s largest bond market.

Gary Gensler, talking on the New York Federal Reserve, mentioned the principles would doubtless mandate PTFs, also called high-frequency buying and selling companies, to report their trades to FINRA’s Commerce Reporting and Compliance Engine (TRACE).

The pinnacle of the market’s regulator added that such buying and selling companies must also adjust to capital and record-keeping guidelines and be topic to periodic exams very like equities and company bond markets.

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