Trading

First ‘speed bump’ coming to US futures markets

ICE can introduce three-millisecond pause to help slower-moving firms after CFTC lets the plan proceed

Thursday 16 May 2019 at 08:39

A futures exchange is set to blunt the advantages of ultrafast traders by imposing a split-second delay on some trades.

Intercontinental Exchange, known as ICE, can launch the first “speed bump” in US futures markets after the Commodity Futures Trading Commission didn’t block the proposal.