HFT is changing the ecology of the forex market, says BIS committee
Bank for International Settlements report on high-frequency trading in the forex market is lukewarm about recent initiatives to monitor HFT, and recommends further analysis by regulators and participants
High-frequency trading (HFT) might contribute liquidity to the foreign exchange market, but it has affected the ecology of the sector "in ways that are not yet fully understood", according to findings published on September 27 by the markets committee of the Bank for International Settlements (BIS).
In a 31-page report, High-frequency trading in the foreign exchange market, the BIS committee analyses the activity of HFT participants in forex and highlights a number of issues that warrant further
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