Abstract
Stephen Satchell's paper 'An assessment of the social desirability of high-frequency trading', in this issue of JASSA examines the costs and benefits, and highlights some empirical evidence on the impact of HFT on market quality and welfare. Building on Satchell's paper, this paper provides a perspective on HFT in the Australian market and identifies the factors influencing its attractiveness to HFT players. It also compares the US and Australian markets in terms of these factors to indicate the growth prospects for HFT activity in Australia.
| Original language | English |
|---|---|
| Pages (from-to) | 8-12 |
| Number of pages | 5 |
| Journal | JASSA |
| Volume | 3 |
| Issue number | 3 |
| Publication status | Published - 2012 |