Market Microstructure and High-Frequency Market Manipulation
By Irene Aldridge Many investors are rightfully concerned about market manipulation — after all, who wants to be taken for a ride? High-frequency market manipulation proved to be particularly disconcerting to many investors as it is evolutionary, difficult to detect without appropriate tools, and is still not universally understood. Adding even more complexity to investor decision-making is the explosion of various types of exchanges and other alternative trading venues, some known as dark pools. As my latest research shows, however, certain types of trading venues can be more suited to specific classes of investors. Investors may further select to trade on venues that minimize undesiredRead More →