Flash Flood: Regulatory Structure Emerges Post-Flash Crash

Arzhang Kamarei, Tradeworx

Securities industry firms and trading venues are lining up behind “limit up, limit down” requirements and market-maker obligations as responses to the May 6 Flash Crash that saw prices swing wildly due to overloaded market systems. Firms are also evaluating proposals such as the Securities and Exchange Commission’s (SEC) trade-at rule governing the price at which a venue must trade in relation to the National Best Bid and Offer (NBBO) and its own displayed price, as well as consolidated audit

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: