Senate Ag Committee Holds Hearing on HFT and Automated Trading in Futures Markets (with Delta Strategy Group Summary)

The Senate Agriculture Committee held a hearing that focused on the effects of high-frequency trading ("HFT") in the futures markets and allowed committee members to ask witnesses questions concerning HFT, latency and risk controls.

Witnesses at the hearing included:

• Mr. Terrence Duffy, Executive Chairman and President, CME Group;
• Mr. Vince McGonagle, Director of the Division of Market Oversight of the CFTC; and
• Dr. Andrei Kirilenko, Professor of the Practice of Finance, MIT Sloan School of Management.

Click here for a summary of the hearing by Delta Strategy Group.

See: Senate Agriculture Committee Hearing Information and Video; Chair Stabenow's Remarks.