Dewey Decimal332.64/2
Table Of ContentPreface; High-Frequency Trading: Background, Concerns, & Regulatory Developments; Equity Market Structure Literature Review Part II: High Frequency Trading; Opening Statement of Senator Carl Levin, Chairman, Permanent Subcommittee on Investigations. Hearing on "Conflicts of Interest, Investor Loss of Confidence, & High Speed Trading in U.S. Stock Markets"; Opening Statement of Senator John McCain, Permanent Subcommittee on Investigations. Hearing on "Conflicts of Interest, Investor Loss of Confidence, & High Speed Trading in U.S. Stock Markets"; Testimony of Bradley Katsuyama, President & CEO, IEX Group, Inc. Hearing on "Conflicts of Interest, Investor Loss of Confidence, & High Speed Trading in U.S. Stock Markets"; Testimony of Joseph Brennan, Principal & Head of Global Equity Index Group, The Vanguard Group, Inc. Hearing on "Conflicts of Interest, Investor Loss of Confidence, & High Speed Trading in U.S. Stock Markets"; Testimony of Andrei Kirilenko, Professor of the Practice of Finance, MIT Sloan School of Management. Hearing on "High Frequency & Automated Trading in Futures Markets"; Testimony of Terrence A. Duffy, Executive Chairman & President, CME Group. Hearing on "High Frequency & Automated Trading in Futures Markets"; Statement of Vincent McGonagle, Director of the Division of Market Oversight, Commodity Futures Trading Commission. Hearing on "High Frequency & Automated Trading in Futures Markets"; Index.
SynopsisHigh-frequency trading (HFT) is a broad term without a precise legal or regulatory definition. It is used to describe what many characterise as a subset of algorithmic trading that involves very rapid placement of orders, in the realm of tiny fractions of a second. This book provides an overview of HFT in the equities and derivatives markets regulated by the SEC and the CFTC. It also examines the Flash Crash of 2010 and the role that HFT may have played, as well as recent regulatory developments.
LC Classification NumberHG4515.95.H54 2014