Cboe Global Markets is considering introducing a brief delay on orders to trade stocks in EDGA, its smallest stock exchange, becoming the latest US exchange operator to implement controls that aim to disrupt high-frequency traders. The company is understood to have presented its plans to a number of major trading firms in recent years, but has yet to file a proposal with the SEC for approval.
Cboe Global Markets is considering introducing a brief delay on orders to trade stocks in EDGA, its smallest stock exchange, becoming the latest US exchange operator to implement controls that aim to disrupt high-frequency traders. The company is understood to have presented its plans to a number of major trading firms in recent months, but has yet to file a proposal with the SEC for approval.