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federal_register: 2020-14381

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document_number title type abstract publication_date pub_year pub_month html_url pdf_url agency_names agency_ids excerpts regulation_id_numbers
2020-14381 Electronic Trading Risk Principles Proposed Rule The Commodity Futures Trading Commission ("CFTC" or "Commission") is proposing amendments to its regulations to address the potential risk of a designated contract market's ("DCM") trading platform experiencing a disruption or system anomaly due to electronic trading. The proposed regulations consist of three principles applicable to DCMs concerning: The implementation of exchange rules applicable to market participants to prevent, detect, and mitigate market disruptions and system anomalies associated with electronic trading; the implementation of exchange-based pre-trade risk controls for all electronic orders; and the prompt notification of the Commission by DCMs of any significant disruptions to their electronic trading platforms. The proposed regulations are accompanied by proposed acceptable practices ("Acceptable Practices"), which provide that a DCM can comply with these principles by adopting and implementing rules and risk controls that are reasonably designed to prevent, detect, and mitigate market disruptions and system anomalies associated with electronic trading. 2020-07-15 2020 7 https://www.federalregister.gov/documents/2020/07/15/2020-14381/electronic-trading-risk-principles https://www.govinfo.gov/content/pkg/FR-2020-07-15/pdf/2020-14381.pdf Commodity Futures Trading Commission 77 The Commodity Futures Trading Commission ("CFTC" or "Commission") is proposing amendments to its regulations to address the potential risk of a designated contract market's ("DCM") trading platform experiencing a disruption or system anomaly due to...  

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