Placeholder text

Go to cart

Trading at the Speed of Light

By Donald Mackenzie

Trading at the Speed of Light Law

Trading at the Speed of Light

0 - Default Title
Description
In today's financial markets, trading floors on which brokers buy and sell shares face-to-face have increasingly been replaced by lightning-fast electronic systems that use algorithms to execute astounding volumes of transactions. Trading at the Speed of Light tells the story of this epic transformation. Donald MacKenzie shows how in the 1990s, in what were then the disreputable margins of the US financial system, a new approach to trading—automated high-frequency trading or HFT—began and then spread throughout the world. HFT has brought new efficiency to global trading, but has also created an unrelenting race for speed, leading to a systematic, subterranean battle among HFT algorithms. Focusing on the material, political, and economic characteristics of high-frequency trading, Trading at the Speed of Light offers a unique glimpse into its influence on global finance and where it could lead us in the future.
Product details
Number of Pages:
304
Release Date:
2021-05-25
Publication Date:
2021-05-25
Publisher:
Princeton University Press
Languages:
Original: English
ISBN10:
0691211388
ISBN13:
9780691211381
GPSR Manufacturer Reference:
[email protected]
Weight:
652 g
Height:
161 cm
Width:
237 cm
Thickness:
34 cm
Buy on Amazon
Currently sold out