Japan's financial watchdog has started examining high-frequency trading, algorithms and dark pools, asking brokers for information about the practices.
The Securities and Exchange Surveillance Commission sent a questionnaire to brokerage firms this week, posing queries about the services they provide to HFT clients, including preferential treatment and products and differences in fees between HFT and non-HFT customers.
The document, obtained by Bloomberg News, also seeks to establish whether high-speed clients have access to dark pools and under what conditions. Brokers have to reply by Feb. 12.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.