High-Frequency Trading: Background, Concerns, and Regulatory Developments (Paperback) (ISBN-13: 9781503020184)

High-frequency trading (HFT) is a broad term without a precise legal or regulatory definition. It is used to describe what many characterize as a subset of algorithmic trading that involves very rapid placement of orders, in the realm of tiny fractions of a second. Regulators have been scrutinizing HFT practices for years, but public concern about this form of trading intensified following the April 2014 publication of a book by author Michael Lewis. The Federal Bureau of Investigation (FBI), Department of Justice (DOJ), Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), the Office of the New York Attorney General, and the Massachusetts Secretary of Commerce have begun HFT-related probes.

Author: Congressional Research Service
ISBN-10: 1503020185
ISBN-13: 9781503020184
Publisher: Createspace Independent Publishing Platform
Language: English
Published: 10/31/2014
Pages: 50
Format: Paperback
Weight: 0.31lbs
Size: 11.02h x 8.50w x 0.10d