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ACER tightens algo trading as Hungarian spoofing penalty signals crackdown

Montage of an electricity worker fixing power line on stormy winter day and the signs saying REMIT and Market Watch.
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Regulators expand surveillance in European energy markets as Hungarian market manipulation penalty signals aggressive enforcement.

European energy watchdogs are overhauling market surveillance to track high-frequency and automated order flows, warning traders that regulatory reach will match the sub-second speed of computer algorithms across the bloc’s power and natural gas bourses.

​The European Union Agency for the Cooperation of Energy Regulators (ACER) highlighted its expanded

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