FSC to inspect brokerages offering high-speed trade - News Summed Up

FSC to inspect brokerages offering high-speed trade


FSC to inspect brokerages offering high-speed tradeBy Kao Shih-ching / Staff reporterThe Financial Supervisory Commission (FSC) is to conduct a full inspection of the 22 securities firms that offer high-speed trading services to see if they treat clients fairly, FSC Chairman Thomas Huang (黃天牧) said yesterday. Financial Supervisory Commission Chairman Thomas Huang attends a meeting of the legislature’s Finance Committee in Taipei yesterday. It is unclear whether Concord had put any other device in the center, the commission said. All securities firms are allowed to rent the Co-Location trading service, and so far there are 22 securities companies using the service, it said. The commission would carry out an inspection to see if any of the 22 are using the service improperly, it said.


Source: Taipei Times October 22, 2020 15:56 UTC



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