FCA shares findings following UK review of algorithmic trading controls

The FCA’s review is intended to help PTFs comply with existing requirements and does not create any new obligations.

The FCA has recently published the findings of its latest multi-firm review (the Review), assessing 10 proprietary trading firms’ (PTFs) compliance with MiFID requirements on algorithmic trading control as set out in Commission Delegated Regulation (EU) 2017/589 (RTS 6). 

The Review follows the FCA’s previous multi-firm assessment in February 2018, which identifiedcommunication

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