From Flash Boys to MiFID II: An Introduction to the Regulation of Algorithmic & High Frequency Trading

Add to your list(s) Download to your calendar using vCal

• Demetrius A. Floudas, I. Kant University
• Wednesday 20 March 2024, 17:00-20:00
• Castleraegh Room, Fisher Building, St John’s College, Cambridge, CB2 1TP.

If you have a question about this talk, please contact D. A. Floudas.

The lecture is part of the CUATS Fed Day Event

Wednesday 20 March 2024, 5:00 for 5:30 pm

Castleraegh Room, St John’s College, University of Cambridge

Algorithmic trading has emerged as a game-changer, enabling rapid execution, data analysis, and cost efficiency. In some markets it is already used for around 70% of total orders. However, with greater dominance comes higher responsibility. As the prevalence of algorithmic and high-frequency trading continues to surge, supervisory bodies have stepped in to avert perils associated with it.

This talk provides an introduction to the laws governing Algorithmic & High Frequency Trading: from mitigating the risks of system failures to ensuring transparency and protection of the markets and their participants, the framework aims to uphold a balance between innovation, legality and stability.

We shall explore the basics of the regulatory landscape, covering the requirements imposed on credit institutions, investment firms, and trading venues. We will explain the rationale behind these regulations and their impact on the industry. And we shall identify the ground rules that every active algo-trader should be aware of.

• Doors open at 5:00 pm.
• Lecture at 5:30 pm.
• Interest Rate announcement at 6:00 pm.
• Fed Chair press conference at 6:30 pm.
• Social starts at 7:00 pm,

About the speaker:

Demetrius A Floudas has provided advice to several countries internationally on matters of International Trade Law. In his capacity as Regulatory Policy Lead of the Foreign Office’s Global Trade Programme, he has supported Indonesia on the establishment of a financial market infrastructure sandbox and has supervised an e-Regulatory Governance system for capital markets in Mexico. Previously he was Team Leader of the project for Russian Accession to the World Trade Organisation and counselled Kyiv on the introduction of the MiFID Directive into Ukrainian Law.

D. Floudas is Adj. Professor at the Law Faculty of Immanuel Kant Baltic Federal University and Fellow of the Hellenic Institute of Foreign and International Law. In a series of lectures over the years at Hughes Hall, he has also covered aspects of the European financial crisis and Brexit.

The lecture is organised by Cambridge University Algorithmic Trading Society and will be followed by refreshments

Prior registration is obligatory:

PLEASE REGISTER THROUGH THIS LINK

This talk is part of the Centre for Research in Contemporary Problems series.

This talk is included in these lists:

• * Centre for Research in Contemporary Problems - Consolidated Seminar List *
• Castleraegh Room, Fisher Building, St John’s College, Cambridge, CB2 1TP
• Centre for Research in Contemporary Problems

Note that ex-directory lists are not shown.