Email of the day (2)
On reintroducing the uptick rule:
"Given your oft stated support for reinstatement of the 'up tick' rule, I thought you may be interested in this.
"Let's hope that the regulators will listen to a firm which utilises algo trading techniques but at the same time has a vested interest in market integrity and orderliness - as we all do."
David Fuller's view Thanks for the article from Reuters, posted on Yahoo News and quoting Peter Clarke, head of Man Group.
I have heard comments that the uptick rule could not be enforced in the world of electronic trading. That is a complication but surely not an insurmountable challenge and it would be good for market integrity and orderliness, as you point out.