At the same time, these advances pose serious challenges to  11  See Kirilenko, A., A. S. Kyle, M. Samadi, and T. Tuzun, 2010, “The Flash Crash: The Impact of High Frequency Trading on an Electronic Market,” preprint, available at http://ssrn.com/abstract=1686004. 4  BIS Review 160/2010  maintaining market stability and integrity.
Thus, to take full advantage of these opportunities, we should work together to maintain the stability and integrity of the financial market and, thereby, the financial system itself. This should be done in a timely manner, so as to cope with the rapid developments in technology.