13279 20190214135733.0 BOOK--2013-006 eng SAENZ GONZALO, ALBERTO High Frequency Trading Universidad de Zaragoza In 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. info: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/ high frequency trading quote stuffing securities stocks algorithms game theories info:eu-repo/semantics/publishedVersion info:eu-repo/semantics/book 554273@celes.unizar.es 1296090 http://zaguan.unizar.es/record/13279/files/BOOK--2013-006.pdf Texto completo oai:zaguan.unizar.es:13279 books public BOOK DOCENTE