What FinTech can learn from high-frequency trading: economic consequences, open issues and future of corporate disclosure

Eleonora Monaco

Resultado de pesquisarevisão de pares

2 Citações (Scopus)
57 Transferências (Pure)

Resumo

This chapter provides a review on key literature on High-Frequency Trading (HFT) over an 11-year period. Using a thematic analysis, the main themes developed within this research stream are identified and insights on the evolution of theory in relation to HFT are presented. This analysis highlights that the effects of HFT on market liquidity, trading strategies and speed, implications for market structure changes, and the relationship between the “scriptability” of corporate disclosure and HFT short-term information advantage, are key themes. The analysis also suggests that many open questions remain unanswered including more recent HFT trading strategies and complex techniques applied to analyse the content of both voluntary and mandatory corporate disclosure. As capital markets evolve, HFT’s speed may no longer be sufficient to maintain competitiveness. The chapter concludes with a discussion of future trends and areas for research on HFT.
Idioma originalEnglish
Título da publicação do anfitriãoDisrupting Finance
EditoresTheo Lynn, John G. Mooney, Pierangelo Rosati, Mark Cummins
EditoraSpringer International Publishing
Capítulo4
Páginas51-70
Número de páginas20
ISBN (eletrónico)9783030023300
ISBN (impresso)9783030023294
DOIs
Estado da publicaçãoPublicado - 2019

Série de publicação

NomePalgrave Studies in Digital Business and Enabling Technologies
ISSN (impresso)2662-1282
ISSN (eletrónico)2662-1290

Impressão digital

Mergulhe nos tópicos de investigação de “What FinTech can learn from high-frequency trading: economic consequences, open issues and future of corporate disclosure“. Em conjunto formam uma impressão digital única.

Citação