Foresight: the future of computer trading in financial markets: final project report

SRC researchers were involved in a study that explores how computer generated trading in financial markets will evolve over the next 10 years. The project was led by the Government Office for Science. Advances in technology are transforming how our financial markets operate. The volume of financial products traded through computer automated trading taking place at high speed and with little human involvement has increased dramatically in the past few years. Today, over one-third of UK equity trading volume is generated through high frequency automated computer trading while in the US this figure is closer to three-quarters. This project examined the technological advances which have transformed market structures in recent years and explored how computer trading will evolve over the next 10 years.