The ASX said this in a media statement in Feb 2010One of the key...

The ASX said this in a media statement in Feb 2010

One of the key findings of the ASX review is that algorithmic trading has not been inherently harmful to market integrity or quality in Australia.

This is supported by the independent research organisation, SIRCA, which concluded that algorithmic trading had not led to a deterioration of market quality.

Equally, the review concluded that continued growth in algorithmic activity will generate new issues that to date have not been evident in Australia, but for which the Australian regulatory framework needs to be equipped.

The full release and report details are at

http://www.asx.com.au/about/pdf/mr_080210_asx_review_algorithmictrading.pdf