Title
High-Frequency Trading: The Faster, the Better?
Abstract
The floor of the New York Stock Exchange, filled with traders in a frenzy of activity, is perhaps the iconic image of financial markets. But today, the TV pictures we see of the trading floor are largely symbolic. The frenzy of activity instead takes place in server rooms, with human market makers replaced by the algorithms of high-frequency trading firms. They make their money with razor-thin margins and huge volumes. To thrive, they must master both technology and strategy. The debate now rages as to how beneficial they are to markets and how they should be regulated.
Year
DOI
Venue
2012
10.1109/MIS.2012.75
Intelligent Systems, IEEE
Keywords
Field
DocType
stock markets,New York stock exchange,TV pictures,financial markets,high-frequency trading,high-frequency trading firms,human market makers,iconic image,razor-thin margins,server rooms,trading floor,algorithms,financial markets,game theory
Trading strategy,High-frequency trading,Trading turret,Computer science,Knowledge management,Commerce,Alternative trading system,Electronic trading,Dark liquidity,Open outcry,Algorithmic trading
Journal
Volume
Issue
ISSN
27
4
1541-1672
Citations 
PageRank 
References 
2
0.42
1
Authors
1
Name
Order
Citations
PageRank
Rahul Savani124330.09