Algorithmic transactions share 1.3% of small stock transactions – Tejaratnews
The director of stock exchange supervision of the Securities and Exchange Organization said: The results of the review of the transactions in the period of the first six months of the year show that about 1.35% of the value of small transactions of stocks and preemptive rights included algorithmic transactions.
According to Tejarat News, Amir Mehdi Sabaei, the director of stock market supervision of the Securities and Exchange Organization, gave some explanations regarding the details of algorithmic transactions in the market and noted: the results of the review of transactions in the period from the beginning of 1402 to the end of September 1402 show that It is known that about 1.35% of the value of small stock transactions and preemptive rights included algorithmic transactions.
He announced that, in the meantime, most of the transactions made in this area are related to algorithmic marketers and other algorithmic legal entities.
Sabaei further stated: The value of transactions with an algorithmic tag in the micro-transactions section of debt securities and fixed income ETF funds was around 0.46% of the total transaction value.
According to the stock market supervision manager of the Securities and Exchange Organization, regarding the regulatory warnings designed in the algorithmic trading department, so far 6 regulatory warnings have been designed in the regulatory system.
He emphasized the results of the monitoring measures from these warnings and announced: the result of the monitoring measures from these warnings was sending 686 system warnings, preparing 6 violation reports in the field of algorithmic trading, and also limiting online access to more than 450 broker codes from the monitoring measures from these warnings. have been.
Source: Senate