News & Analysis as of

United Kingdom Financial Conduct Authority (FCA) Algorithmic Trading

A&O Shearman

UK FCA Multi-firm Review Findings of Algorithmic Trading Controls Under MiFID

A&O Shearman on

The UK Financial Conduct Authority (FCA) has published the findings from its multi-firm review of principal trading firms' compliance with the detailed organisational requirements for algorithmic trading set out under the UK...more

WilmerHale

The risk of market abuse in algorithmic trading

WilmerHale on

In its May 2021 edition of Market Watch, the FCA described actions it took to address the impact which a firm’s trading algorithm was having in the market. Its concerns had been raised after the Regulator’s own internal...more

WilmerHale

UK financial regulators respond to the rise of the robots

WilmerHale on

The FCA and PRA publish coordinated papers focused on risk management and governance in respect of algorithmic trading - On 12 February 2018, the UK Financial Conduct Authority (FCA) and the Prudential Regulatory...more

Latham & Watkins LLP

FCA Sets Expectations on Algorithmic Trading

Latham & Watkins LLP on

The FCA has published a report, clarifying its expectations of firms that develop or use algorithmic trading strategies. On 12 February 2018, the FCA published a report on algorithmic trading compliance in wholesale...more

A&O Shearman

UK Regulators Highlight Expectations and Consult on Algorithmic Trading Supervision

A&O Shearman on

The UK Financial Conduct Authority and Prudential Regulation Authority have published co-ordinated papers on their expectations around firms' use of algorithmic trading strategies in wholesale markets. Firms have had to...more

Katten Muchin Rosenman LLP

Bridging the Week - December 2015

CFTC Brings First Insider Trading-Type Enforcement Action Based on New Anti-Manipulation Authority: Last week the Commodity Futures Trading Commission brought and settled its first enforcement action sounding in the...more

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