Miles Kellerman (2017, DPhil International Relations), holder of an Oxford-Radcliffe Scholarship, has recently co-authored a chapter in The Oxford Handbook of Institutions of International Economic Governance and Market Regulation (Oxford University Press).

Miles’ chapter, co-authored with Professor Walter Mattli (St. John’s College), examines how advances in algorithmic trading have impacted the structure of equities and foreign exchange markets. The chapter proposes that technological shocks prompt two stages of market structural change: disintermediation followed by re-intermediation. It then documents this cycle and discusses the regulatory challenges posed by each stage.

Miles Kellerman is in his final year of his DPhil, titled, “The International Political Economy of Market Surveillance.” He has recently had his first journal article published in The Review of International Organizations.

The chapter can be read online on the Oxford University Press website. You can follow Miles’ work on Twitter, @Miles_Kellerman.

Published: 6 November 2019

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