Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-10-26-Speech-5-264-000"

Predicate	Value (sorted: default)
rdf:type	lpv_eu:Speech2
dcterms:Date	"2012-10-26"^^xsd:date2
dcterms:Is Part Of	lp_eu:Explanations of vote2
dcterms:Language	"es"^^xsd:language2
lpv:document identification number	"en.20121026.23.5-264-000"2
lpv:hasSubsequent	lp_eu:2012-10-26-Speech-5-264-5002
lpv:speaker	lp:Raül Romeva i Rueda2
lpv:spokenAs	substitute; Delegation to the Parliamentary Assembly of the Union for the Mediterranean (2012-02-13--2014-06-30)3 unknown; Iniciativa per Catalunya Verds (2009-07-14--2014-06-30)3 substitute; Delegation to the EU-Turkey Joint Parliamentary Committee (2009-09-16--2014-06-30)3 substitute; LIBE (2012-01-19--2014-06-30)3 substitute; Delegation for relations with the countries of Southeast Asia and the Association of Southeast Asian Nations (ASEAN) (2009-09-16--2013-04-17)3 member; PECH (2012-01-19--2014-06-30)3 member; Delegation for relations with the countries of Central America (2009-09-16--2014-06-30)3 vice-chair; G/EFA (2012-02-01--2013-03-20)3 member; Delegation to the Euro-Latin American Parliamentary Assembly (2009-09-16--2014-06-30)3 member; FEMM (2012-01-19--2014-06-30)3
lpv:translated text	". In favour. The Greens want to slow down trading, as the kind of speeds now used only serve to fuel a technological arms race between HFT players and other algorithms that try to protect large investors from speculative attack. We also want proper testing by exchanges of algorithms to avoid Flash Crash and similar events. The compromise eventually included our demands for proper testing and a consensual limit of 500 milliseconds on how long HFT players must wait before they can change or withdraw offers to trade. (Articles 51 and 51a MiFID). We also successfully blocked an attempt to enshrine ‘market maker schemes’ in MiFID – the compromise now only requires market makers (including HFT players) to sign agreements about their obligations towards other market participants. Since these schemes often come with rewards attached that we consider unfair treatment of some participants relative to others, we are glad that the term was removed (see Article 4 of MiFID for definitions)."@en1
lpv:unclassifiedMetadata	"Raül Romeva i Rueda (Verts/ALE ),"1 "in writing"1

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