Plans for curbs on high-speed share trading | The Australian<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"ASIC deputy chairman Belinda Gibson says automated trading needs robust controls. The corporate watchdog has blamed high-frequency trading for a big jump in the number of issues referred for investigation in the June half-year. “This type of trading, and algorithms generally, continue to be of concern,” Ms Gibson said. “The measures we are proposing will … <\/p>\n
Continue reading “Plans for curbs on high-speed share trading | The Australian”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[40,32],"tags":[234,309,1685,3462],"class_list":["post-5255","post","type-post","status-publish","format-standard","hentry","category-australia-nz-countries-regions","category-trading","tag-asic","tag-automated-trading","tag-high-frequency-trading","tag-trading-algorithms"],"yoast_head":"\nPlans for curbs on high-speed share trading | The Australian - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Plans for curbs on high-speed share trading | The Australian - the patient investor\" \/>\n<meta property=\"og:description\" content=\"ASIC deputy chairman Belinda Gibson says automated trading needs robust controls. The corporate watchdog has blamed high-frequency trading for a big jump in the number of issues referred for investigation in the June half-year. “This type of trading, and algorithms generally, continue to be of concern,” Ms Gibson said. “The measures we are proposing will … Continue reading "Plans for curbs on high-speed share trading | The Australian"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/14\/plans-for-curbs-on-high-speed-share-trading-the-australian\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-08-14T10:42:57+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/14\/plans-for-curbs-on-high-speed-share-trading-the-australian\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/14\/plans-for-curbs-on-high-speed-share-trading-the-australian\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Plans for curbs on high-speed share trading | The Australian\",\"datePublished\":\"2012-08-14T10:42:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/14\/plans-for-curbs-on-high-speed-share-trading-the-australian\/\"},\"wordCount\":89,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"ASIC\",\"automated trading\",\"high frequency trading\",\"trading algorithms\"],\"articleSection\":[\"Australia & NZ\",\"Trading\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/14\/plans-for-curbs-on-high-speed-share-trading-the-australian\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/14\/plans-for-curbs-on-high-speed-share-trading-the-australian\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/14\/plans-for-curbs-on-high-speed-share-trading-the-australian\/\",\"name\":\"Plans for curbs on high-speed share trading | The Australian - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2012-08-14T10:42:57+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/14\/plans-for-curbs-on-high-speed-share-trading-the-australian\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/14\/plans-for-curbs-on-high-speed-share-trading-the-australian\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/14\/plans-for-curbs-on-high-speed-share-trading-the-australian\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Plans for curbs on high-speed share trading | The Australian\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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The high-frequency trading taskforce found that: (a) some of the commonly held negative perceptions about high-frequency trading are not supported by our analysis of Australian markets\u2014for example: (i) that high-frequency traders exhibit unacceptably high order-to-trade ratios. Increases in\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5243,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/13\/west-australian-small-investors-getting-burnt\/","url_meta":{"origin":5255,"position":1},"title":"West Australian: Small investors getting burnt","author":"Colin Twiggs","date":"August 13, 2012","format":false,"excerpt":"Computer-based trading has meant that the market is no longer fair, writes David Tasker. The Australian Securities Exchange is seen by many as one of the most transparent markets in the world, a place where everyone is informed at the same time and where investors big and small can trade\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5519,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/09\/19\/how-to-keep-markets-safe-in-the-era-of-high-speed-trading-chicago-fed\/","url_meta":{"origin":5255,"position":2},"title":"How to keep markets safe in the era of high-speed trading | Chicago Fed","author":"Colin Twiggs","date":"September 19, 2012","format":false,"excerpt":"By Carol Clark With the chance of an order passing though controls at so many levels, how can things go wrong? One possibility Chicago Fed researchers found is that most of the trading firms interviewed that build their own trading systems apply fewer pre-trade checks to some trading strategies than\u2026","rel":"","context":"In "Stock Markets"","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5258,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/14\/bbc-news-high-frequency-trading-and-the-440m-mistake\/","url_meta":{"origin":5255,"position":3},"title":"BBC News – High-frequency trading and the $440m mistake","author":"Colin Twiggs","date":"August 14, 2012","format":false,"excerpt":"By Tim Harford ......There are two rather more predatory strategies. One is called algo-sniffing. Here, a super-fast computer tries to find other computers going about their everyday business of buying or selling shares, and figures out what they're going to do and when. The algo-sniffer can then get ahead of\u2026","rel":"","context":"In "Trading"","block_context":{"text":"Trading","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/trading\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5278,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/16\/asx-revenue-from-high-frequency-trading-soars\/","url_meta":{"origin":5255,"position":4},"title":"ASX revenue from high frequency trading soars","author":"Colin Twiggs","date":"August 16, 2012","format":false,"excerpt":"A new data center, catering for high-speed trading, is becoming a major revenue-source for the ASX. My concern is that this could change the entire focus of the ASX, outweighing revenue from traditional stock market trading. Tom Steinert-Threlkeld at the Securities Technology Monitor writes: The Australian Securities Exchange Group said\u2026","rel":"","context":"In "Australia & NZ"","block_context":{"text":"Australia & NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5041,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/03\/electronic-trading-glitches-shake-market-confidence\/","url_meta":{"origin":5255,"position":5},"title":"Electronic Trading Glitches Shake Market Confidence","author":"Colin Twiggs","date":"August 3, 2012","format":false,"excerpt":"Stock markets are impacted by distortions arising from high-frequency trading algorithms as this article by SUZANNE MCGEE discusses. We really need to consider the benefits versus the costs of HFT. 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