Preview of Activities

Quiz

This assessment will count towards your individual participation grade

Case

The Knight Capital Case is due and is worth 10% of your final grade

Group Presentations

The assigned group(s) will present their case findings

Session 6

Digital Capital Markets - Wrap-Up

This week, we’ll be wrapping up Part I: Digital Capital Markets with some additional assigned readings and videos that provide a deeper-dive into the topics we’ve covered so far. Next week, we’ll be moving on to Part II: Digital Investing.



Articles and Videos

Please review the following material.

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High-Frequency Trading Flash Crash Speed Bumps Dark Pools

FCA researchers outline $5bn ‘tax’ imposed by high-speed trading

Paper released by UK regulators homes in on tactic known as latency arbitrage.
Jan 27, 2020, Philip Stafford

Paying for Speed- Are Traders Wasting Money?

For a price, high-speed traders can plug into a stock market’s backbone. Unfair advantage or fair exchange?
Mar 8, 2016, Anna Sharratt

Robot Auction Bidders Are Such Buzzkills

Competing against automated agents induces auction bidders to skip risky behaviour.
Oct 21, 2015, Kenza Moller

Making Sense of the Fast — and the Furious

Is high-frequency trading the most evil finance scheme ever conceived? Ryan Riordan crunches some hard-to-access data and comes away with a reassuring tale.
Sep 23, 2014, Anna Sharratt

Deliverables

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Knight Capital (Case Study)

This case study is due Oct 23, 2020 at 11:59 PM. Students are expected to deliver a written case study report. This assignment is to be completed individually. The final report must be submitted on D2L.
Knight Capital (Case Study)

Session 6 Quiz

This quiz will count towards your individual participation grade. Ensure you have completed all mandatory readings before starting the quiz (they will be tested). Only entries submitted prior to the beginning of next class will be accepted. Please note that these quizzes are being assessed on a participation basis only; full marks will be given to those that complete the quiz (scores will not affect the participation grade).
Session 6 Quiz