Knowledge@Australian School of Business

Future Shocks: Can Regulators Stop the Next Flash Crash?


Listen Later

Almost two years on, the cause of the May 2010 financial markets "flash

crash" that wiped US$1 trillion in shareholder equity before bouncing
back is still unknown, but plenty of fingers have been pointed at
possible culprits for this electrifying event. Aiming to avoid a repeat,
securities exchanges around the world now are following the lead of the
US regulator by bringing on circuit breakers. Michael Aitken, chair of
Capital Market Technologies at the University of New South Wales, says
there's no evidence to support market design changes soon expected to be
introduced in Australia. While gathering evidence is costly, he argues,
it's the best way to stop future shocks.

...more
View all episodesView all episodes
Download on the App Store

Knowledge@Australian School of BusinessBy theBox


More shows like Knowledge@Australian School of Business

View all
UniWide Configuration Video Instructions by theBox

UniWide Configuration Video Instructions

0 Listeners

Art and Design by (incomplete)

Art and Design

14 Listeners

Law and Society by (incomplete)

Law and Society

0 Listeners

TV shows and interview series by (incomplete)

TV shows and interview series

0 Listeners

Talking Point (audio) by (incomplete)

Talking Point (audio)

0 Listeners

Science and Engineering by (incomplete)

Science and Engineering

0 Listeners

Knowledge@Australian School of Business - Video Interviews by theBox

Knowledge@Australian School of Business - Video Interviews

1 Listeners

Refugee Conference 2011 by (incomplete)

Refugee Conference 2011

0 Listeners

Strategic Management of Business and Technology by Bill Twyman

Strategic Management of Business and Technology

2 Listeners