Carol Clark is a senior policy specialist in the financial markets group at the Federal Reserve Bank of Chicago. Her work focuses on public policy issues relating to trading (high speed trading, high frequency trading and algorithmic trading), market microstructure, clearing, settlement and payments. Prior to joining the financial markets group, Clark held a variety of positions at the Bank including national market research manager in the customer relations and support office, payments research manager in the economic research department, examiner in the capital markets unit, research coordinator in the national book-entry securities office and analyst in the loans and reserves department. Her research has been published in the Journal of Payment Systems Law and the Federal Reserve Bank of Chicago’s Chicago Fed Letter and Economic Perspectives.
Clark has a B.A. from St. Xavier College and an M.A. from the University of Chicago.








