Work

Algorithmic trading, the Flash Crash, and coordinated circuit breakers

Year: 2013
Type: article
Abstract: Exchange officials and policymakers are interested in whether high frequency trading causes excessive price fluctuations and whether to impose circuit breakers in financial markets to combat such fluctuations. We review the literature on these topics and draw some conclusions on the likely impact of circuit breakers on financial markets.
Language: English
Subfield: Finance
Open Access status: gold
Estimated APC paid: $1,500
OpenAlex ID: W1963994673
FWCI: 4.079
Cites: 29
Cited by: 31
Related to: 10