Link to speech at the end of the news release.
In a speech at the International Economic Association Sixteenth World Congress in Beijing, Andrew Haldane – Executive Director for Financial Stability and member of the interim Financial Policy Committee – outlines how dramatic shifts in the structure and speed of trading have increased abnormalities in the pricing of securities. This new topology of trading has potentially increased systemic risk. He then discusses several policy options to manage the impact of these developments on market dynamics.
