Go to Top

pigovian tax

High-frequency trading revisited

Stock trading has evolved considerably since the original Buttonwood Agreement was first signed back in 1792 and 24 stockbrokers met outdoors on Wall Street under a buttonwood tree. The advent of the Internet and electronic trading has really advanced trading execution and the flow of information. Back in September, I wrote an article about high frequency trading, referred to as “HFT.” Since the publication of Michael Lewis’s book, “Flash Boys,” …Read More