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While Chris Salmon, executive director for markets at the Bank of England does not believe immediate action is required, he is not ruling it out in the future.
The rise of high frequency trading in stock, bond and currency markets and accompanying flash crashes does not necessitate immediate regulatory action, according to Chris Salmon, executive director for markets at the Bank of England (BoE). Speaking at the 13th Annual Central Bank Conference on the Microstructure of Financial Markets in London, Salmon says “though...
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