News

Law

Asset Management

Investment Banking

Wealth

Hedge Funds

People

Newsletters

Events

Lists

Trading

Cboe seeks to add split-second ‘speed bump’ to stock exchange

Proposed delay could undermine fast traders that zip orders via microwave from Illinois to New Jersey

Cboe Global Markets is proposing to hit the brakes on high-frequency trading by introducing a split-second delay to one of its stock exchanges, according to a new regulatory filing.

The proposal, which was filed on June 7, makes Cboe the latest US stock exchange operator to embrace “speed bumps,” even though its executives had earlier criticised such delays.

WSJ Logo