By Philip Stafford – FT.com
European proposals aimed at curbing automated trading could have a negative economic impact on the region, according to a study commissioned by the British government.
The findings are part of a high-profile project begun last year to examine the effects of computerised trading, including high-frequency trading, on financial markets.
However, it said there was less evidence to support forcing electronic market makers to make continuous quotes in markets – one of the most controversial proposals from.
The interim findings come as global authorities become increasingly concerned about the role of computer algorithms in trading…