NEWS
06
with new laws coming in force in Germany intended to restrict highfrequency trading activity. The rules, from German regulator BaFin, were adopted under the HighFrequency Trading Act in the country in February. Among the requirements is that exchanges set specific order-to-trade ratios. Typically, a higher number of orders to trades is considered indicative of high-frequency activity. Eurex said it will set its order-totrade ratios on a product by product basis, with ratios to be measured in one-month periods. The exchange said it will also set fees for excessive s ???????????????????????????????????????????????????????????????????????Q??????????????????????????????????????????????????????????????%???????????????????????????????????????????????????????????????????????????????????????????????????????????Q????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
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