CFTC's Giancarlo blames dwindling liquidity on bank regulators
Insolvency risk has been transformed to liquidity risk, says CFTC commissioner
Bank regulators should bear responsibility for diminishing liquidity across a broad swathe of markets and high-frequency trading (HFT) firms should be welcomed for filling the liquidity gap according Chris Giancarlo, a commissioner in the Commodity Futures Trading Commission (CFTC).
Risk.net recently reported that HFT firms dominated trading on US Treasury platform BrokerTec and speaking after a keynote address at the International Swaps and Derivatives Association conference in Hong Kong today
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