I doubt this will become Forex related, but just in case…
First of all if you find this interesting you can start by reading the 151 pages long CFTC’s report on the May 6th market crash events.
(Reuters) – The U.S. Commodity Futures Trading Commission will reestablish a technology advisory committee that will hold hearings to help the agency catch up with the fast-moving financial industry.
Asia Exchange Empowering Traders Through New OpportunitiesGo to article >>
The hearings would look into issues such as co-location, swap execution facilities and high frequency trading.
Co-location allows traders to place their computer systems next to exchange servers, giving them the ability to execute strategies at lightning-fast speed through computer algorithms. These market participants are sometimes called high-frequency traders.
The committee will “discuss how technology is being developed across the industry, how the CFTC should oversee such technology, and what the future holds for technological advancements in our markets so the CFTC can stop playing catch-up, as it has for so long,” O’Malia said in a statement.