Markets

Could FX see a flash crash?

Name: Could FX see a flash crash?
Uploaded: 2010-08-19T16:20:38.770Z
Duration: 4 min 46 s
Channel: Financial Times
Description: David Rutter on why algorithmic trading reduces volatility in foreign exchange trading

Algorithmic trading was blamed by many for the equity flash crash on May 6. With half the foreign exchange market driven by such pre-programmed trading there are concerns it is also vulnerable. David Rutter, chief executive of ICAP Electronic Broking, argues however that algo trading reduces volatility in forex markets.

August 19, 2010

Produced by Darryl Thomson