Asic calm over HFT impact but Australian buy-side lobby groups disagree

Lack of hysteria does not equal complacency, says securities regulator

A stock exchange screen

Australian market participants are split on the impact of high-frequency trading (HFT) as the Australian Securities and Investments Commission (Asic) has rejected any suggestions that HFT is a problem within the local market.

In the past two months, HFT has generated concern among investors and gained significant media attention following the release of Michael Lewis's book Flash Boys. However, Asic argues that while the US and Australian markets do share similarities, they are regulated differe