session6

CBOE dives into Canadian dark pool trading with acquisition

Ed Tilly, president and CEO of CBOE Global Markets, discusses the acquisition of Canadian alternative trading system MatchNow, which is the largest provider of dark pool trading in the country.n.d., BNN Bloomberg

Dark Pool Trading System & Regulation

The effective regulation of “dark pools”, which are private forums for trading securities, is necessary to secure efficient trade execution, and to ensure transparent and fair markets as a means of fostering confidence and trust in trading markets.n.d., CFA Institute

Dark Side of Delaying Order Execution

High-frequency trading (HFT) firms provide and take liquidity using speed and superior information.Sep 30, 2020, Jun Aoyagi

2010 Flash Crash

The May 6, 2010 flash crash was a United States trillion-dollar stock market crash, which started at 2:32 p.m. EDT and lasted for approximately 36 minutes.Sep 26, 2020, Various Authors

Flash Crash — the trading savant who crashed the US stock market

Liam Vaughan’s account of maths prodigy Navinder Sarao is a cautionary tale on modern finance.May 7, 2020, Katie Martin

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

Money & Speed- Inside the Black Box (Optional)

Optional (long, but worth watching if you have time) - Based on interviews with those directly involved and data visualizations up to the millisecond, it reconstructs the flash crash of May 6th 2010.Dec 13, 2012, VPRO