ESMA consultation on highly automated trading

October 03, 2011

ESMA (European Securities and Markets Authority) has consulted on the Guidelines on systems and controls in a highly automated trading environment for trading platforms, investment firms and competent authorities, with a deadline 3rd of October 2011. 

We are supportive of the harmonising  and clarification of guidelines but, inter alia, stress the need for simultaneous implementation throughout Europe. For more information, see our official reply bellow.

NSA Response to ESMA Consultation on highly automated trading