Regulator Denies Quant Trading to End on Futures Market

What’s new: China’s top securities regulator has denied rumors that quantitative trading might come to an end on the domestic commodity futures market, as speculation swirled earlier this week that related transaction costs would go up.

The rumor, which the regulator called unfounded, spread Wednesday along with speculation that domestic futures exchanges might adjust their commission fee rebates in a way that is less favorable to quantitative trading, which typically relies on high-frequency buying and selling in large volumes.