Some investors are asking for more information from their managers about dark pools following recent US investigations into these alternative trading venues.
The e-Trading Association believes that safeguards against erroneous orders are best implemented at the exchange level. It comes after the SFC imposes the onus on brokers.
Liquidnet founder Seth Merrin says exchanges are upgrading systems to cater to high-frequency traders amid slow markets, raising the risk of glitches and potentially alienating some players.
Hong Kong's securities regulator should give the stock exchange more responsibility for monitoring high-frequency trading, they argue.
Australian regulator Asic is proposing to tighten controls over algo trading, but some say this will make HFT unviable and hurt the entire market.
Stamp duty is seen as prohibitively expensive for high-frequency traders after IMC shuts its Hong Kong trading desk and makes two-thirds of its HK staff redundant.