000013279 001__ 13279 000013279 005__ 20190214135733.0 000013279 037__ $$aBOOK--2013-006 000013279 041__ $$aeng 000013279 100__ $$aSAENZ GONZALO, ALBERTO$$b 000013279 245__ $$aHigh Frequency Trading 000013279 260__ $$a$$bUniversidad de Zaragoza$$c 000013279 520__ $$aIn such a competitive environment like high finance is, long-term incomes are usually discarded to satisfy the always demanding short-term necessities of shareholders. Thanks to use of computer tools, some software has been developed to let computer programs acquire securities like stocks or options. The particularity of the these commercial activities consists on that they take place in a matter of milliseconds. Therefore, it could be a little bit frightening to make a reflexion of how many billionaire transactions flow in those unbelievable short periods, even more, realizing that those operations are managed by machines instead of specialized persons. So, this paper will try do a significant analyse of these complex systems that can have a tremendous influence on global economy. Varying opinions have been given about these revolutionary tools, so different point of views will be exposed and analysed. Finally the author of the present text will expose its own opinion and conclusions. 000013279 540__ $$9info:eu-repo/semantics/openAccess $a Esta obra está sujeta a una licencia de uso Creative Commons. Se permite la reproducción total o parcial, la distribución, la comunicación pública de la obra y la creación de obras derivadas, siempre que no sea con finalidades comerciales, y sempre que se reconzca la autoria de la obra original. $u https://creativecommons.org/licenses/by-nc/4.0/ 000013279 6531_ $$ahigh frequency trading 000013279 6531_ $$aquote stuffing 000013279 6531_ $$asecurities 000013279 6531_ $$astocks 000013279 6531_ $$aalgorithms 000013279 6531_ $$agame theories 000013279 655_4 $$ainfo:eu-repo/semantics/publishedVersion 000013279 655_4 $$ainfo:eu-repo/semantics/book 000013279 8560_ $$f554273@celes.unizar.es 000013279 8564_ $$s1296090$$uhttps://zaguan.unizar.es/record/13279/files/BOOK--2013-006.pdf$$zTexto completo 000013279 909CO $$ooai:zaguan.unizar.es:13279$$pbooks 000013279 9102_ $$a$$b 000013279 984__ $$apublic 000013279 980__ $$aBOOK$$bDOCENTE$$b