Improved market infrastructure and increased buy-side demand have put electronic trading at the top of the agenda in the Asia-Pacific markets. Until recently, electronic trading faced significant structural and regulatory obstacles to widespread adoption in the region.
The lack of a common set of regulations has been the largest impediment to electronic trading's growth in the region. While the European Union and U.S. have the Markets in Financial Instruments Directive and Regulation NMS, respectively, Asia-Pacific countries still impose differing regulations, standards and conventions.
|
