`Speed bump' coming to U.S. futures markets - WSJ

• Intercontinental Exchange (ICE -0.9%) can start the first so-called "speed bump" in the U.S. futures markets after the Commodity Futures Trading Commission didn't block the proposal, the Wall Street Journal reports.
• Two of the CFTC's five commissioners, though, disagreed with the decision, saying the speed bump would unfairly hurt firms that focus on ultrafast trading strategies.
• ICE would introduce a three-millisecond pause before it executes certain trades in its Gold Daily and Silver Daily futures contracts.
• The CFTC said it would monitor trading in the two contracts to analyze the impact of the tiny pause in executing trades.
• Previously: CFTC stalls ICE `speed bump' proposal for some gold, silver futures (Feb. 15 2019)