Build, protect and deploy apps across any platform and mobile device
Leverage a complete UI toolbox for web, mobile and desktop development
Automate UI, load and performance testing for web, desktop and mobile
Rapidly develop, manage and deploy business apps, delivered as SaaS in the cloud
Automate decision processes with a no-code business rules engine
Build mobile apps for iOS, Android and Windows Phone
Deploy automated machine learning to accurately predict machine failures with technology optimized for Industrial IoT.
Optimize data integration with high-performance connectivity
Connect to any cloud or on-premise data source using a standard interface
Build engaging multi-channel web and digital experiences with intuitive web content management
We are still feeling the repercussions of the "Flash Crash" in the markets. Both the SEC and CFTC have been trying to figure out what happened and what to do about it. Of course the Flash Crash threw salt in the open wound left open from the worst recession since the 20s -- which many still blame on greed in the Cap Markets space.
The CFTC is forming a panel to meet in July - a technology advisory committee that will hold hearings to help the agency look into issues such as co-location, swap execution facilities and high frequency trading. The first hearing is on July 14 when they will discuss high-frequency trading: read the article.
The CFTC said the committee will "discuss how technology is being developed across the industry, how the CFTC should oversee such technology, and what the future holds for technological advancements in our markets so the CFTC can stop playing catch-up, as it has for so long."
We welcome the CFTC hearings into high frequency trading. Regulators are in a tricky situation right now trying to balance populist anger against HFT firms with the need to keep our markets safe for investors. The CFTC and other regulators need to be able to police markets to prevent fraud and trading errors, while - at the same time - ensure that US markets remain competitive. We don't want to over-regulate and sacrifice business to looser regulator regimes; this would be tantamount to throwing the baby out with the bathwater.
Let's keep our economy strong. My motto with regard to regulation of trading: POLICE don't RESTRICT. But of course this means high quality policing in real-time, and this needs increased transparency and new approaches to markets surveillance across fragmented markets and real-time pre-trade risk management.
View all posts from The Progress Guys on the Progress blog. Connect with us about all things application development and deployment, data integration and digital business.
Copyright © 2017 Progress Software Corporation and/or its subsidiaries or affiliates.
All Rights Reserved.
Progress, Telerik, and certain product names used herein are trademarks or registered trademarks of Progress Software Corporation and/or one of its subsidiaries or affiliates in the U.S. and/or other countries. See Trademarks for appropriate markings.