Rules for high speed markets

A firm that engages in algorithmic trading must have effective systems and controls in place. These systems should be resilient, have sufficient capacity, and be subject to appropriate trading thresholds and limits. They must also prevent the sending of erroneous orders and be designed to avoid contributing to a disorderly market. Additionally, these systems cannot be used for any purpose that violates the Market Abuse Regulation or the rules of a connected trading venue.