High Frequency Trading: A Seek to Deemphasize Speed as a Key to Trading Success

In this chapter the authors established the welfare effect to trading success through deemphasizing “need-for-speed” in computerized high frequency trading without affecting the basic nature of speed race. They reviewed the major drivers of unintended consequences with the brave new world. Their hope was for the special issue of discrete time frequent batch auction hybrid with regulatory principles of “financial regulation 2.0” to clearly reduce some of the no disputed harms produced by high frequency trading dynamics; that is, arms race behavior and complex adaptive system of computer algorithms.