منابع مشابه
Do retail traders suffer from high frequency traders?
Using a change in regulatory fees in Canada in April 2012 that affected algorithmic quoting activities, we analyze the impact of high frequency quoting and trading on market quality, trader behavior, and trading costs and profits. Following the change, algorithmic message traffic, i.e. the number of orders, trades, and order cancellations, dropped by 30% and the bid-ask spread rose by 9%. Using...
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ژورنال
عنوان ژورنال: Journal of International Money and Finance
سال: 2016
ISSN: 0261-5606
DOI: 10.1016/j.jimonfin.2016.02.001