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Australia aims to curb computer trading
The Australian government rolled out measures to rein in automatic trading. Among the rules are so-called kill switches, pricing restrictions for dark-pool trading and stricter data reporting. The kill-switch measure is designed to protect investors from volatility that can stem from superfast, computer-driven transactions.
Reuters (20 Nov.), Financial Times (tiered subscription model) (20 Nov.), The Wall Street Journal (tiered subscription model) (20 Nov.)
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