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EconomicsComputer Science

Low-latency trading $

Joel Hasbrouck, Gideon Saar

2013.11.1JOURNAL OF FINANCIAL MARKETS

DOI: 10.1016/j.finmar.2013.05.003

tlooto Summary

It is suggested that increased low-latency activity improves traditional market quality measures—decreasing spreads, increasing displayed depth in the limit order book, and lowering short-term volatility—given the current market structure for U.S. equities.

Abstract

Abstract is not available.

Citation format

HASBROUCK, Joel; SAAR, Gideon. Low-latency trading $. JOURNAL OF FINANCIAL MARKETS, 2013, 16: 646–679.