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CFTC Commissioner Calls For Program Testing

Bart Chilton, a member of the U.S. Commodity Futures Trading Commission, has called on regulators and exchanges to test high-frequency and algorithmic trading programs before they go live, reports Bloomberg.

Bart Chilton, a member of the U.S. Commodity Futures Trading Commission, has called on regulators and exchanges to test high-frequency and algorithmic trading programs before they go live. Speaking at a conference in Florida, Chilton also said such programs should be monitored once they are operating.

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