8/14/2013

The Australian Securities and Investments Commission has issued final rules governing high-frequency trading and dark pools to improve market stability. The regulator is striving to tackle manipulative trading. "We expect the new rules will quickly lead to changes in the behaviour of market participants, building on the positive changes we have already seen with other recent rule changes and the work of ASIC's task forces on dark liquidity and high-frequency trading," Commissioner Cathie Armour said.

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