BoE’s Haldane highlights increasing risks from high-frequency trading

Bank of England executive director of financial stability Andrew Haldane outlines policy measures to reduce systemic threat posed by high-frequency trading

Andrew Haldane, the executive director of financial stability at the Bank of England, on Friday said recent developments in high-frequency trading had created abnormalities in securities markets that threatened to increase systemic risk.

At the International Economic Association's sixteenth World Congress in Beijing, China, Haldane said: "The emergence of high frequency in fragmented trading platforms makes for a financial market-place exhibiting complexity and contagion. As the race for zero