Computer trading: minimum quote life and maximum order message-to-trade ratio
Economic impact assessment on the new order book restrictions.
Ref: BIS/12/1063 PDF, 270KB, 17 pages
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This economic impact assessment studies the impact of the proposed order book activity restrictions. These restrictions aim to increase market liquidity and improve investor confidence in a way that will not harm other measures of market quality.
This impact assessment was commissioned as part of the Foresight project on the future of computer trading.