NBIM Discussion Note on High Frequency Trading
16 September 2013
Norges Bank Investment Management (NBIM) published a Discussion Note today on high frequency trading (HFT) which aims to shed light on this wide-ranging topic from an asset manager’s perspective.
HFT has received significant attention by market participants, researchers and commentators in the press lately. The evolution of HFT, which is linked to the broader topic of market microstructure, is becoming one of the fastest growing academic research fields in the finance literature with multiple, sometimes conflicting, viewpoints being put forward.