Tag: ECB

In Defense of HFT: “They’re good for price discovery.”

After all the negative press on HFT lately, at least one group of researchers, at the European Central Bank, has come out with a contrarian viewpoint. Their views were published in a working paper entitled “High Frequecy Trading and Price Discovery,” and here is their paper’s abstract: We examine empirically the role of high-frequency traders

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FT: The Euro Crisis Is Still There

Gideon Rachman is sounding the warning bell on FT over the fragility of the Euro recovery plan. Recalling the European Central Bank President’s now-famous statement of support, Rachman warns that the crisis is still there, just buried beneath a surface of nice words and hopeful thoughts. Notes Rachman: “Whatever it takes.” Mario Draghi’s declaration that he would

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