목차
1: Introduction: A New Capital Market Reality and Overview, Walter Mattli
Part I: High frequency trading: key topics
2: Is trading fast dangerous?, Thierry Foucault and Sophie Moinas
3: A case sturdy in regulatory arbitrage and information asymmetry: high frequency trading the post only intermarket sweep order, Haim Bodek
4: The FX race to zero: electronification and market structural issues in foreign exchange trading, Dan Marcus and Miles Kellerman
Part II: Market quality and best order execution
5: A comparison of execution quality across U.S. stock exchanges, Elaine Wah, Stan Feldman, Francis Chung, Allison Bishop, and Daniel Aisen
6: What has changed in four years? Are retail broker routing decisions in 4Q2016 consistent with the pursuit of best execution, Robert Battalio
7: Better 'best execution': an overview and assessment, Tyler Gellasch and Chris Nagy
Part III: Analytical and regulatory frameworks
8: Naked open market manipulation and its effects, Merritt Fox, Lawrence Glosten, and Gabriel Rauterberg
9: Algorithmic trading and market manipulation, Yesha Yadav
10: Legal liability for fraud in the evolving architecture of securities markets, Stanislav Dolgopolov
Part IV: Regulatory agencies and market structure regulation
11: Regulating high-frequency trading and dark liquidity in Australia, Greg Medcraft
12: High-frequency trading and circuit breakers in the EU- recent findings and regulatory activity, Steffen Kern and Giuseppe Loiacono
13: A framework for responsive market regulation, Timothy Baikie, Tracey Stern, Susan Greenglass, and Maureen Jensen