In principle, more trading and faster trading should be a good thing, making markets more liquid, allowing them to react to new information more quickly, etc.
The battle to provide the fastest trades, meanwhile, has also intensified in recent months.
Opened in 1869 after 10 years of construction, the Suez Canal is the fastest trade route between Europe and Asia and is an "unavoidable crossing" for many international carriers, said Bouvart.
They have brought more choice, faster trading and greater efficiency.
The legislation would seek even tighter controls on fast trading than the German proposal.
Unlike exotic derivatives and super-fast trading algorithms, crowdfunding generates capital for job-creating small businesses.
They also hope to shore up their positions against upstart electronic platforms that allow faster trading at lower cost.
They also say the lightning-fast trading strategies may be making financial markets less stable because the speed and volume of trades distort prices.
Hedge funds, Wall Street banks and other firms used increasing computing power to write ever-smarter, ever-faster trading algorithms; fantastically expensive fiber-optic lines were built to decrease transaction times by milliseconds.
The markets in the U.S. employ extremely fast trading facilities and sophisticated computer programs.
