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September 01, 2020 10:18am
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CME Warns Against Restricting High-speed Trading

Terry Duffy, the top executive of the CME Group Inc. (CME) said late Tuesday that any proposal the Commodity Futures Trading Commission [CFTC] may develop to deal with high-frequency trading [HFT] — a market trading strategy that allows financial firms to use recursive computational procedures to make markets and extract fractions of profits from tiny market imbalances [...]
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