Research and analysis
Computer trading: impact of special relativity on securities regulation
Report exploring what light speed trading could mean for our financial markets.
Ref: BIS/11/1242 PDF, 289KB, 15 pages
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Modern physics has shown us that matter moving at high speed behaves differently from matter moving at low speed. This report explores whether our financial markets will behave differently as they approach trading at the speed of light. It considers implications for:
- consumer protection
- resource allocation
- economic efficiency
- economic stability
This review was commissioned as part of the Foresight project on the future of computer trading.