From: Forex Magnates
The majority of EU regulators have integrated the European Securities and Markets Authority guidelines into their supervisory methods and increased their level of supervision over automated trading activity.
by Avi Mizrahi
A European Securities and Markets Authority (ESMA) review published yesterday found that the supervision of automated trading has become more consistent among the different national regulators in the European Union.
ESMA reviewed how the thirty financial authorities across the EU have implemented its guidelines on automated trading into their day-to-day supervision of trading platforms. The guidelines set out systems and controls requirements for investment firms and trading platforms operating in an automated trading environment.
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