CFTC to define high-frequency trading

From cftclaw.com

The CFTC has announced plans to examine high-frequency trading as a way to more clearly understand the relationship between electronic trading, commodity markets, and trade participants. Last week, CFTC Chairman Gary Gensler explained that the agency plans to create a concept release that will “address potential market distortions that high-frequency traders and others who have direct market access can cause.” The subcommittee is charged with writing a working definition of high-frequency trading, propose methods to monitor the market, and point out possible disruptions that could spring up as the industry grows. ... (full story)