High-Frequency Trading and Its Impact on Market Liquidity: a Review of Literature
| dc.contributor.author | Bodur, Mehmet | |
| dc.contributor.author | Ersan, Oğuz | |
| dc.contributor.author | Ersan, Oğuz | |
| dc.contributor.author | Ekinci, Cumhur | |
| dc.contributor.author | Dalgıç, Nihan | |
| dc.contributor.other | International Trade and Finance | |
| dc.date.accessioned | 2023-10-19T14:55:52Z | |
| dc.date.available | 2023-10-19T14:55:52Z | |
| dc.date.issued | 2021 | |
| dc.department-temp | Kadir Has Üniversitesi, Mühendislik Fakültesi, Finans Mühendisliği Bölümü -- Kadir Has Üniversitesi, İşletme Fakültesi, Uluslararası Ticaret ve Finans Anabilim Dalı -- İstanbul Teknik Üniversitesi, İşletme Fakültesi, İşletme Mühendisliği Bölümü -- Yeditepe Üniversitesi, Sosyal Bilimler Enstitüsü, Finansal İktisat Bölümü | en_US |
| dc.description.abstract | High-frequency trading (HFT) has been dominating the activity in developedfinancial markets in the last two decades. Despite its recent formation, theliterature on the impacts of HFT on financial markets and participants isbroad. However, there are ongoing debates and unanswered questionswithin many subtopics. We survey through the research towards HFT effectson liquidity in an attempt to explain the coexistence of evidence regardingboth the positive and the negative impacts of HFT. We name two mainfactors leading to mixed results. Former concerns the negative marketconditions such as intraday shocks, through which HFT trading patternsmay sharply change. Latter regards the certain characteristics of HFTliquidity provision with the potential to present externalities for the market. | en_US |
| dc.identifier.citationcount | 0 | |
| dc.identifier.doi | 10.29023/alanyaakademik.799039 | |
| dc.identifier.endpage | 368 | en_US |
| dc.identifier.issn | 2547-9733 | |
| dc.identifier.issn | 2651-4192 | |
| dc.identifier.issue | 1 | en_US |
| dc.identifier.startpage | 345 | en_US |
| dc.identifier.trdizinid | 432754 | en_US]. |
| dc.identifier.trdizinid | 432754 | en_US] |
| dc.identifier.uri | https://doi.org/10.29023/alanyaakademik.799039 | |
| dc.identifier.uri | https://search.trdizin.gov.tr/yayin/detay/432754 | |
| dc.identifier.uri | https://hdl.handle.net/20.500.12469/4600 | |
| dc.identifier.volume | 5 | en_US |
| dc.language.iso | en | en_US |
| dc.relation.ispartof | Alanya Akademik Bakış | en_US |
| dc.relation.publicationcategory | Makale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanı | en_US |
| dc.rights | info:eu-repo/semantics/openAccess | en_US |
| dc.title | High-Frequency Trading and Its Impact on Market Liquidity: a Review of Literature | en_US |
| dc.type | Article | en_US |
| dspace.entity.type | Publication | |
| relation.isAuthorOfPublication | 668cc704-cc26-4a39-bb0f-5db2099bf1d3 | |
| relation.isAuthorOfPublication.latestForDiscovery | 668cc704-cc26-4a39-bb0f-5db2099bf1d3 | |
| relation.isOrgUnitOfPublication | 16202dfd-a149-4884-98fb-ada5f8c12918 | |
| relation.isOrgUnitOfPublication.latestForDiscovery | 16202dfd-a149-4884-98fb-ada5f8c12918 |
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