The love hate relationship between technology and trading has been one of the most rapidly evolving stories of the past year. Against a backdrop of algorithmic coding errors and botched IPOs, regulators are taking steps to improve market structure; in the U. S. they have requested a consolidated audit trail system to provide transparency to trades across all types of execution venues. Regulators have also discussed the implementation of a "kill switch" that would instantly disconnect a troubled trading firm from exchanges, though who should flick the switch remains up for debate.
展开▼
