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Has Programmed Trading Made Stock Prices More Volatile?

Year: 1987
Type: article
Abstract: Numerous commentators have claimed that the recent application of computer techniques to monitor price differences and trigger trades between the spot, futures and options markets for stocks (called programmed trading) has increased the volatility of stock prices.
Author: G.J. Santoni
Language: English
Subfield: Finance
Open Access status: gold
OpenAlex ID: W1533821949
FWCI: 2.207
Cites: 14
Cited by: 40
Related to: 10