Submitted by Tyler Durden on 06/28/2011 08:59 -0400
* Equity Markets
* NASDAQ
* Nat Gas
* New York Stock Exchange
* Reuters
* Volatility
As HFT algos continue to increasingly encroach on commodity trading, the most recent example of which was the berserk Nat Gas algo documented previously, the ICE has taken yet more steps to protect itself from "parasitic" algorithmic traders (a topic that has been beaten to death on Zero Hedge since the spring of 2009). From Reuters: "ICE Futures U.S. will increase its ability to adjust trade prices in softs futures, the latest in a series of changes it has made to deal with volatility in its coffee, cocoa, cotton and sugar markets. The amended rules will be effective July 1 and follow a series of changes to reduce unwarranted volatility in 2011, following the "flash crash" in equity markets in May 2010 that was exacerbated by high-frequency trading. In January, ICE delayed its attempt to
http://www.zerohedge.com/article/ice-takes-further-steps-protect-itself-parasitic-hft-algorithms?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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