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Brokers are fretting unnecessarily, says Steward

The executive director of the SFC's enforcement division, Mark Steward, tells a forum in Hong Kong that proposed risk-control rules on algo trading are less invasive than feared.
Brokers are fretting unnecessarily, says Steward

The broker community is unnecessarily fretting over proposals by Hong Kong’s SFC to impose new risk-control rules on algo trading, the regulator’s Mark Steward has assured a forum.

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