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Liczba wyników
2019 | 12 | nr 39 | 29--42
Tytuł artykułu

The role of automation in financial trading companies

Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
High Frequency Trading (HFT) has significantly affected the financial market - how trade is per -formed, types of employees hired, technology, or even market regulations. There are arguments that important risks arrive from trade automation, especially with the use of ultra-low latency trading systems. It also gives a possibility of achieving (higher) returns more quickly with less residual losses, i.e. algorithms may lead to a lower risk of exposure than traditional 'human' traders. A higher level of automation in trading companies is a reality, which brings important management issues. The rise in competition between algo-traders has led to the rise of the so-called Quant 2.0: the rebirth of complex algorithms and artificial intelligence to collect, extract and process information available from any source of information. The aim of this article is, through a literature review, to present the main issues concerning automation in financial trading companies, and how the highly probable introduction of the Blockchain technology may affect HFT and the financial market - either the general market design, or specifically, how trading is performed.(original abstract)
Rocznik
Tom
12
Numer
Strony
29--42
Opis fizyczny
Twórcy
  • Warsaw School of Economics, Poland
Bibliografia
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Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
bwmeta1.element.ekon-element-000171607077

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