ECB Paper Defends HFT, Says It Supports Efficient Price Discovery

The European Central Bank (ECB) has released a working paper defending high frequency trading (HFT), saying that it helps with more efficient price discovery because HFT on average trades against transitory pricing errors.

ECB defending HFT

“Our analysis suggests that HFTs impose adverse selection costs on other investors. At the same time, HFTs being informed allows them . . .


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email and we will get back to you as quick as humanly possible

Saved Articles

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Sign up for ValueWalkPremium today and get our exclusive content for 35% off.

Use coupon code vip19 or click on the button below

Limited time offer only ENDS 11/30/2019 or after next 25 13 subscribers take advantage whichever comes first – please do not share this discount with others