Regulation Automated Trading (Reg AT) was proposed almost a year ago by the Commodity Futures Trading Commission (CFTC), but that hasn't mellowed the reaction the rule gets when the discussion turn toward the source code section of the regulation.
Reg AT, as covered in a previous issue of Waters, aims to, in the broadest of terms, regulate algorithmic trading. Part of the regulation, as it stands now, requires firms to maintain a source code repository that would house their algorithms and be o
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails