Finance & Investing · Quantitative Finance
A topic within Quantitative Finance, itself one of 11 topics in that field and part of Finance & Investing.
2 works
U.S. Securities and Exchange Commission, Division of Trading and Markets
Synthesises the empirical literature on high-frequency trading, concluding most studies find HFT narrows spreads and adds liquidity in normal markets while remaining a source of fragility under stress.
Winston Wei Dou, Itay Goldstein & Yan Ji
Models trading algorithms that learn from repeated market interaction and finds they can converge on collusive, less competitive pricing without any explicit communication or coordination, raising a new kind of antitrust question specific to automated trading.
link checked 17 Sept 2026