The advent of electronic trading brought an infatuation with for-profit exchanges, while Dodd-Frank brought hope of regulatory protection for the little guys. Neither delivered in 2013 — will 2014 be any different?
From the day it was launched in 2007, the Global Financial Centres Index has ranked London as the risk-management capital of the world — a distinction the city achieved in part because the
Traders' View of the World: High-frequency trading has created a push-back to markets focused on efficiency. World leaders are looking to create resilient markets, and the two don’t always go together.