摘要
本文介绍了高频交易的操作方式和特点,及其与传统市场行为的差别。并分析高频交易对资本市场影响的一些实证,讨论其导致的一些政策问题。最后为决策者提出与高频交易相关的建议。
This article introduces HFT operation mode, features and differences from traditional market behaviors. It also explores the empirical evidence relating to the effect of HFT, and canvasses the policy issues that HFT raises. In the final, it lists some recommendations for policymakers with respect to HFT.
出处
《金融市场研究》
2014年第6期88-97,共10页
Financial Market Research
关键词
高频交易
投资交易
二级市场
套利
high frequency trade,investment trading,secondary market,arbitrage
