N. 198 – High Frequency Trading: una panoramica

by Alfonso Puorro
Settembre 2013
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This paper examines high-frequency trading (Hft) systems, which were first developed in the US equity markets but have spread steadily to most asset classes on the main world financial markets. It analyzes the current regulatory and technological structures of the markets and describes the inefficiencies and informational advantages that high-frequency trading systems seek to exploit and the strategies they use. The paper concludes with an assessment of the positive and negative impacts of the presence of this new type of player on the overall quality of the financial markets.

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  1. 18 ottobre 2013
    No. 198 - High Frequency Trading: an overview (only in Italian)
    PDF 994 KB