The new circuit breaker system designed to avoid a repeat of 2010's flash crash will fail to avert another market meltdown unless it is coupled with 'liquidity safety valves', warns a new piece of academic research.
I have to agree with this conclusion.My fear is liquidity failings will prove the most serious risk as markets fragment and build pressures undetected until too late.One failing of a market would quickly pass from one too the other.The solution is to look
at a combination of responces to market problems that do not create a move round of risk affecting all in due course
Excellent salary with uncapped commissionMilton Keynes
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