1. Don't Set Speed Limits on Trading.
- Author
-
Levitt Jr., Arthur
- Subjects
- *
SECURITIES trading , *SECURITIES trading volume , *ELECTRONIC trading of securities , *DATA processing in securities , *FINANCIAL markets - Abstract
The author argues against limiting high-frequency trading, which is dominated by superfast computing and trading by advanced algorithms. He considers high-frequency trading as the next stage in the ongoing technological innovation of financial markets. He discusses the advantages of such trading, including better margins in executing trades and add up to significant value when done in large volume.
- Published
- 2009