HFT draft law in Germany isn't finalized

01/28/2013 | Reuters

A source from German Chancellor Angela Merkel's party says a decision on legislation to rein in high-frequency trading has been delayed. "We still need to clarify lots of technical details," the source said. "That is why we need to have a second meeting." Among proposed changes are registration with market regulators and disclosure of algorithms by high-frequency traders.

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