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Artificial intelligence and conduct in wholesale markets

Mark Yallop

Chapter 6 in Artificial Intelligence and Financial Behaviour, 2023, pp 137-143 from Edward Elgar Publishing

Abstract: This paper discusses the use of Machine Learning (“ML”) by wholesale financial market participants today and the major risks that may arise from wider adoption of ML across wholesale markets in future. It focusses specifically on whether ML will help or hinder the quest for fairer and more effective markets, how new types of risk that are different from those already identified in recent years may develop in automated market structures and describes the work that FMSB is undertaking in this area.

Keywords: Economics and Finance; Innovations and Technology (search for similar items in EconPapers)
Date: 2023
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