By Nick Baker Bloomberg News Wednesday, February 13, 2019
Intercontinental Exchange Inc.'s futures market wants to join the battle against the fastest traders.
The Atlanta-based exchange plans a 3-millisecond trading delay, or speed bump, for its gold and silver futures contracts, according to a regulatory filing. The U.S. Commodity Futures Trading Commission today asked for public comment on the proposal.
The delay would be introduced “initially” for gold and silver, areas where ICE currently does very little business. An ICE spokesman declined to say whether it would later be applied to other markets. ICE is a leader in other products such as oil futures. ...
... For the remainder of the report:
https://www.bloomberg.com/news/articles/2019-...oys-style-sp... * * *
