Australia Predators, Turkey Banks, Frankfurt Talks: Compliance

Australia should charge professional investors if they use predatory trading strategies in the equity market, according to ASX Ltd., the operator of the country’s main stock exchange.

The statement was made by ASX Chief Executive Officer Elmer Funke Kupper, according to notes of a speech delivered in Melbourne yesterday. Funke Kupper didn’t elaborate as to how or who would identify and charge this form of trading.