Avery Dao

Columbia University, Graduate School of Arts and Sciences, Department of Economics, Students

New York, NY

United States

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What makes HFTs tick? Tick size changes and information advantage in a market with fast and slow traders

Number of pages: 49 Posted: 25 Jun 2019 Last Revised: 06 Oct 2022
Alain Chaboud, Avery Dao and Clara Vega
Board of Governors of the Federal Reserve System, Columbia University, Graduate School of Arts and Sciences, Department of Economics, Students and Board of Governors of the Federal Reserve System
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Abstract:

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High Frequency Trading, tick size, minimum price variation, market liquidity, price discovery, foreign exchange