Journal of
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Archive » October 2013 » High frequency trading. Effects and policy issues

High frequency trading. Effects and policy issues

Nadia Linciano, Isadora Tarola
October 2013
Jel codes: G11, G18

The debate on the effects and risks of High Frequency Trading has not reached a definitive conclusion yet. In order to mitigate the negative effects, supervisory authorities have begun a policy instruments review, regarding stricter disclosure obligations for traders and microstructural adjustments (i.e. on circuit breakers, tick size limits, fee policy). Given today’s highly integrated financial markets, regulatory measures need to be internationally coordinated in order to avoid regulatory arbitrage and carefully assessed by a proper cost-benefit analysis

 

 

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