Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo

Commodity Exchange Act: Issues Related to the Regulation of Electronic Trading Systems

  Premium   Download PDF Now (52 pages)
Report Type Reports and Testimonies
Report Date May 5, 2000
Report No. GGD-00-99
Subject
Summary:

New technology has resulted in the development and the use of electronic systems that are changing the way that derivatives are traded. Although these systems have benefitted the derivatives markets and their participants, they have also raised regulatory concerns, including questions about the appropriate regulation of electronic trading systems for exchange-traded futures and over-the-counter derivatives. This report answers the following questions: How is technology being used in the exchange-trade futures market, and what concerns does this raise under the Commodity Exchange Act? How is technology being used in the over-the-counter derivatives market, and what concerns does this raise under the Act? What alternatives have been suggested to address the concerns raised under the Act by the use of technology in the exchange-traded futures and over-the-counter derivatives markets?

« Return to search Government Accountability Office reports