Report reviewing standards in computer-based trading.
Ref: BIS/12/1091 PDF, 834KB, 36 pages
This file may not be suitable for users of assistive technology. Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email email@example.com. Please tell us what format you need. It will help us if you say what assistive technology you use.
This report examines the importance of standards in computer-based trading. It reviews published literature on the role of standards in the real economy as well as existing standardization initiatives in computer-based trading. Finally, it makes recommendations where standards could play a larger part in financial services and help to deliver greater transparency, greater trust, easier policing and lower costs.
This review was commissioned as part of the Foresight project on the future of computer trading.