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International Finance Discussion Papers: Rise of the Machines: Algorithmic Trading in the Foreign Exchange Market by Alain Chaboud

International Finance Discussion Papers: Rise of the Machines: Algorithmic Trading in the Foreign Exchange Market

Alain Chaboud

54 pages missing pub info (editions)

nonfiction politics challenging informative reflective medium-paced
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Description

We study the impact that algorithmic trading, computers directly interfacing at high frequency with trading platforms, has had on price discovery and volatility in the foreign exchange market. Our dataset represents a majority of global interdeale...

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