The High-Frequency Trading Arms Race: Frequent Batch Auctions as a Market Design Response

The High-Frequency Trading Arms Race


In a talk to MBA students, Chicago Booth Associate Professor of Economics Eric Budish discusses the arms race between high-frequency traders and whether ceaseless drive for faster connection speeds encouraged by the current market's continuous trading model is actually a market failure. 

This video is part of our Economics Amplified podcast series, which can be found on YouTube, iTunes and MindOnline.