NEW YORK (Reuters) – About 25 high-frequency trading firms have discussed forming a lobbying group within the Futures Industry Association as they go to deal with growing scrutiny in Washington, the association told Reuters.The firms have held a series of meetings in Chicago over the last two months, spurred by the prospect of a new transaction tax, commodity market position limits, and the possibility of a crackdown on high-frequency trading, the FIA said.The group has a draft mission statement but no name, it said.
Posts Tagged ‘Ghco’
High-frequency firms organizing lobby group
December 22nd, 2009 
Before You Invest 
Posted in Finance Fraud 
Tags: Collateral Damage, Commodity Market, Donald Wilson, Draft Mission Statement, Fia, Futures Industry Association, Ghco, Hehmeyer, High Frequency, Last Two Months, Lobby Group, Lobbying Group, Market Manipulation, Market Position, Position Limits, Quarterly Basis, Reuters, Trading Accounts, Trading Group, Transaction Tax 
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