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High Frequency Trading FirmsHigh Frequency Trading Firms
During the past 10 years, worldwide capital markets have undergone structural transformations that have fundamentally changed the manner in which exchanges, brokers, dealers and investors conduct transactions in publicly traded securities. New trading systems and technologies have emerged that are so innovative and fundamentally different from their predecessors that market regulators, politicians
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Daniel R. Van Vleet
During the past 10 years, worldwide capital markets have undergone structural transformations that have fundamentally changed the manner in which exchanges, brokers, dealers and investors conduct transactions in publicly traded securities. New trading systems and technologies have emerged that are so innovative and fundamentally different from their predecessors that market regulators, politicians and analysts are having a difficult time keeping up with the rapidly changing environment. Previously unfamiliar and mysterious sounding terms such as “alternative trading systems,” “co-location” and “dark pools” have become the norm. Out of this evolving environment has emerged a trading strategy referred to as high frequenc...
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