Kuroda’s speech: Financial crisis has had negative effects on Japanese markets

The Bank of Japan (BoJ) Governor Kuroda was on the wires last minutes, via Reuters, making a scheduled speech at a symposium commemorating the 30th anniversary of stock index futures trading, in Tokyo.

Key Points:

The financial crisis has had negative effects on Japanese markets.

Market operators have made various efforts to improve the situation.

Liquidity in futures market important for the cash market.

Development of futures market has supported growth.

If risks of high-speed frequency trading amplifying price moves are left unattended, they might impair financial market stability.