Change search
ReferencesLink to record
Permanent link

Direct link
High-frequency Trading–to Regulate or Not to Regulate-That is the Question?: Does Scientific Data Offer an Answer?
Stockholm University, Faculty of Social Sciences, School of Business, Finance.
2013 (English)In: Journal of Business and Financial Affairs, ISSN 2167-0234, Vol. 2, no 1, 1-4 p.Article in journal, Editorial material (Refereed) Published
Abstract [en]

High-frequency trading (HFT) certainly captures public (and regulatory) attention. On May 6th 2010, the Dow Jones (DJ) experienced its largest intraday point drop in history, shedding $1 trillion of its market value in half an hour. Largely as a consequence of the event– named Flash Crash–regulatory authorities sharpened the regulations concerning HFT: in the U.S., circuit breakers were introduced [1], and the European Union made regulative changes that require equity orders to delay for at least half a second. Also, in the markets, there has been a demand for introducing a financial transactions tax (FTT) in order to discourage high frequency trading.

So, what is high-frequency trading? And why should it be regulated? And if it is regulated, how should that regulation be designed? In this editorial article, I will focus on existing scientific evidence on how HFT affects the market, and on the big questions about HFT that remain unanswered.

Place, publisher, year, edition, pages
Westlake, CA: OMICS Group , 2013. Vol. 2, no 1, 1-4 p.
Keyword [en]
high-frequency trading, financial markets, systematic risk
National Category
Business Administration
URN: urn:nbn:se:su:diva-87602OAI: diva2:604827
Available from: 2013-02-12 Created: 2013-02-12 Last updated: 2013-12-11Bibliographically approved

Open Access in DiVA

fulltext(785 kB)333 downloads
File information
File name FULLTEXT01.pdfFile size 785 kBChecksum SHA-512
Type fulltextMimetype application/pdf

Search in DiVA

By author/editor
Brunzell, Tor
By organisation
Business Administration

Search outside of DiVA

GoogleGoogle Scholar
Total: 333 downloads
The number of downloads is the sum of all downloads of full texts. It may include eg previous versions that are now no longer available

Total: 802 hits
ReferencesLink to record
Permanent link

Direct link