In the run-up to the CFTC’s move to create new rules for automated trading, the Futures Industry Association and its members engaged in a dialog with the CFTC and developed its own guide, which it published in March 2015. John Lothian News spoke with Leslie Sutphen, president at Financial Markets Consulting LLC, co-chair of the FIA Market Technology Division, Automated Trading Committee to talk about guidelines and what we might see from the US agency.