'Advanced trading systems: aggressive and unfair speculation or instruments featuring a positive impact on the overall market’s quality?' by Alfonso Puorro
16 May 2024, 17:30 CET
In this talk, Alfonso offers his perspective on modern trading systems, widely known as algorithmic traders (ATs) or high-frequency traders (HFTs).
While some might view their presence as unfair or disruptive due to their perceived advantage over slower, less informed participants, a more nuanced analysis is necessary. A rigorous and comprehensive evaluation of their role in the market is crucial. This assessment should consider the impact of ATs on overall market efficiency, the well-being of all participants, and the health of the market infrastructure itself. By taking a holistic view that goes beyond initial impressions, Alfonso shows how we can gain a clearer understanding of the true impact of these trading systems.
The meeting is followed by an open debate.
Advanced trading systems: aggressive and unfair speculation or instruments featuring a positive impact on the overall market’s quality?
by Alfonso Puorro (Bank of Italy)
16 May 2024, 17:30 CET
Phinance Online Seminars are organized by Phinance, the Philosophy & Finance Network
17:30 Alfonso Puorro (Bank of Italy) Advanced trading systems: aggressive and unfair speculation or instruments featuring a positive impact on overall market’s quality?
18:15 Debate
Chair: Emiliano Ippoliti (Sapienza University of Rome)