FIA PTG Recommends Structural Improvements to Promote Accessibility and Transparency in Equity Markets

The Futures Industry Association Principal Traders Group ("FIA PTG") released a position paper detailing its targeted improvements to equity market structure. The paper follows the framework laid out by SEC Chair Mary Jo White in her policy speech on June 5, 2014.

In the paper, FIA PTG shares recommendations on several points addressed by Chair White, including issues such as the securities information processor, co-location, timestamps, order protection and pilot programs. The paper concludes that Regulation NMS has contributed to undue market fragmentation.

See: FIA PTG Position Paper; FIA PTG Press Release. Related news: SEC Chair White Discusses Upcoming Initiatives to Enhance Equity Market Structure (with Lofchie Comment and Delta Strategy Group Summary) (June 5, 2014).