Reuters offers insight on how FX flash crashes putting regulators on alert

Reuters offered insight into how the increasing frequency of flash crashes in the $5.1 trillion-a-day foreign exchange market has regulators scrambling for answers. Sudden, violent and often quickly reversed price moves are now a regular occurrence in world currency markets. Two big crashes this year separately pummeled the yen and the Swiss franc and, given the importance of currency pricing for trade, investment flows and the global economy, policymakers are concerned a major fracturing could threaten financial stability.

Article Tags
Type: Reuters Best
Sectors: Foreign Exchange & Fixed Income
Regions: Europe / Middle East / Africa