BoE: High-frequency traders raise risks of liquidity event

Bank of England

Speaking at the FX Week Europe congress in London last Tuesday (November 15), Cross said officials at the BoE have expressed concerns about the possible emergence of a liquidity mirage in FX.

"The rise of market-makers outside of banks has certainly increased the number of people providing liquidity to the market, but that could potentially create a liquidity mirage that I and others at the bank have talked about," said Cross.

In September, the Bank for International Settlements reported that

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: