FIA issues direct market access recommendations

In an online press briefing on direct market access risk controls, Peter Johnson Chairman of the Futures Industry Association’s Market Access Working Group detailed several recommendations for managing the risks that can arise when trading firms connect directly to exchange matching engines.

The main conclusion in the report is that risk controls should be placed at the exchange level so that no end user can obtain a latency advantage. Johnson said under such a regime latency would become irrelevant.

Click here to view the entire report.

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