Fear 'unfair' fees on HFTs will crimp innovation

May 10, 2012

Australia's move to charge HFT participants based on the number of messages they send to the exchange is self-defeating, but may be copied, warns Deutsche Bank.

Fear 'unfair' fees on HFTs will crimp innovation

Concerns have been raised that Asian stock exchanges are set to follow Australia's example by imposing market surveillance charges on high frequency traders, a pseudo tax that could hamper innovation and competition.

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