#USHouseMarketStructureDraft

What have they come up with again?

The Ministry of Finance and the SEC presented the Market Structure Draft this week — a project that could reshape the rules of the game on the American stock market.

Key ideas:

Tighter control over algorithmic trading.

Review of the rules on order execution transparency.

Restrictions on hidden trades outside of major venues.

Protection of retail investors from manipulation by large players.

Why it matters: If the project is adopted, it could significantly impact liquidity, order execution speed, and the operation of market makers. This means — on volatility, spreads, and trading strategy.