_______________________________________________________________
Report Information from ProQuest
family line 18 2012 22:22 _______________________________________________________________
Table of Contents
1. High-Frequency Trading Raises Several Fairness Issues........................................................................... 1
Bibliography...................................................................................................................................................... 3
18 September 2012
ii
ProQuest
Document 1 of 1
High-Frequency Trading Raises Several Fairness Issues
antecedent: Anonymous. Publication info: Wall Street Journal [New York, N.Y] 26 Aug 2009: A.14. ProQuest document link Abstract: All of this high-frequency trading is mediocre confusing serious analysis, creating volatility, and misleading through unnecessary activity. [...] at that place are serious issues with front-running, which is a prohibited practice. Full textual matter: In Dont Set Speed Limits on Trading (op-ed, Aug. 18) cause Security and Exchange Commission Chairman Arthur Levitt Jr. refers to high-frequency traders as investors. This is a misnomer.
They are highly sophisticated day traders, many an(prenominal) of whom use pattern-recognition software to identify when buyers or sellers enter the market and inter situation themselves. Their activities cloud true price discovery, raising be for bona fide investors such as mutual funds. The profits generated from these high-frequency trading (HFT) activities happen directly from other market participants in the form of high prices. The argument that high-frequency traders provide liquidity is also illusionary. One issue they are buyers, the next they are seeking to liquidate their position at a profit. The stock exchanges and electronic communication networks deliver a vested interest in HFT, as they collect exercise fees based on volume. Additionally,...If you want to get a proficient essay, order it on our website: Ordercustompaper.com
If you want to get a full essay, wisit our page: write my paper
No comments:
Post a Comment