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Transitory price - PowerPoint PPT Presentation

High-Frequency Trading and Price Discovery Terrence Hendershott ( Jonathan Brogaard Ryan Riordan)

High-Frequency Trading and Price Discovery Terrence Hendershott ( Jonathan Brogaard Ryan Riordan). Overview. Technology has been good for markets Is every use of technology good? How do we think about (evaluate) HFT? What are costs/benefits of those closest to the market?

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Transitory price - PowerPoint PPT Presentation

High-Frequency Trading and Price Discovery Terrence Hendershott ( Jonathan Brogaard Ryan Riordan)