Working paper and driver reviews
This working paper was published to inform the Foresight project. It reviews evidence directly commissioned by Foresight as well as the wider evidence base from the first year of this two year project. Leading experts from 20 countries have been involved in writing and peer reviewing this material.
The working paper brings together three papers which should be read together to provide an overall picture of the impact of computer trading on financial stability and market quality, as well as how computer trading has evolved to date and how it might evolve from a technology angle.
Commenting on the papers, Sir John Beddington said:
"With financial markets evolving at a rapid pace, it is essential we develop a better understanding of the critical issues which affect the health of this sector and the wider economies it serves.
“I believe these papers will be valuable to policy makers and regulators wanting to maximise the opportunities from computer-based trading while managing the risks. This kind of evidence-based analysis is vital if a resilient regulatory framework is to be put in place.”
The working paper provides an expert, independent review of the emerging evidence base on computer trading, rather than being Foresight’s findings or conclusions on these issues. The findings do not represent the position of the UK or any other government.
Working paper
Supporting evidence
Foresight's final report will be published in autumn 2012.