Central banks adapt to faster markets, says BIS report
Fast pace of today’s markets means central banks must change approach to fulfil responsibilities
Increasing trading speeds and the sheer volume of data in electronic markets are challenging central banks to step up their approach to monitoring, in order to satisfy their respective mandates, according to a new report by the Bank for International Settlements (BIS).
The study, Monitoring of fast-paced electronic markets, was prepared by a study group led by Imène Rahmouni-Rousseau, director of markets at the Bank of France, and Rohan Churm, head of foreign exchange at the Bank of England.
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