高频交易与股票市场:过去、现在和未来之路

IF 2.5 3区社会学 Q2 DEVELOPMENT STUDIES

European Journal of Development Research Pub Date : 2023-06-01 DOI:10.1177/22297561231159230

J. Krishna, Renuka Lenka

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引用次数: 0

摘要

高频交易(HFT)是金融市场近年来最重要的发展之一。本研究旨在评估印度和世界各地股票市场高频交易的现状，以确定可用于开展与印度股票市场运营相关的高频交易研究的主观领域。该研究将有助于找出研究空白的重要领域，有助于通过减少价格的杠杆效应来规范高频交易，而不会对散户投资者产生太大影响。通过对过去十年高频交易领域中引用次数最高的主要研究的使用，发现监管措施及其对高频交易的影响是一个尚未探索的有趣研究领域。总的来说，这项研究提供了十年来高频交易及其对股票市场影响的清晰综合，这有助于确定与印度以及世界股票市场相关的重要研究领域。

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High-frequency Trading and Stock Markets: Past, Present and the Road Ahead

High-frequency trading (HFT) is one of the most significant recent developments in the financial markets. This study aims to assess the present status of HFT in stock markets in India and across the world to identify subjective areas that can be used for carrying out research in HFT in relation to stock markets operating in India. The study will help to bring out significant areas of research gap which can help to regulate the HFT without much impact on the retail investors by reducing the leveraging effect of the prices. With the use of major studies that have highest citations during the previous ten years in the area of HFT, the regulatory measures and their impact on HFT were found to be an interesting area of research that is left unexplored. This study on whole has provided clear synthesis of HFT and its impact on stock markets over the decade which has helped to identify significant areas of research related to Indian as well as world stock markets.

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来源期刊

European Journal of Development Research DEVELOPMENT STUDIES-

CiteScore

5.70

自引率

4.00%

发文量

期刊介绍： The European Journal of Development Research (EJDR) redefines and modernises what international development is, recognising the many schools of thought on what human development constitutes. It encourages debate between competing approaches to understanding global development and international social development. The journal is multidisciplinary and welcomes papers that are rooted in any mixture of fields including (but not limited to): development studies, international studies, social policy, sociology, politics, economics, anthropology, education, sustainability, business and management. EJDR explicitly links with development studies, being hosted by European Association of Development Institutes (EADI) and its various initiatives. As a double-blind peer-reviewed academic journal, we particularly welcome submissions that improve our conceptual understanding of international development processes, or submissions that propose policy and developmental tools by analysing empirical evidence, whether qualitative, quantitative, mixed methods or anecdotal (data use in the journal ranges broadly from narratives and transcripts, through ethnographic and mixed data, to quantitative and survey data). The research methods used in the journal''s articles make explicit the importance of empirical data and the critical interpretation of findings. Authors can use a mixture of theory and data analysis to expand the possibilities for global development. Submissions must be well-grounded in theory and must also indicate how their findings are relevant to development practitioners in the field and/or policy makers. The journal encourages papers which embody the highest quality standards, and which use an innovative approach. We urge authors who contemplate submitting their work to the EJDR to respond to research already published in this journal, as well as complementary journals and books. We take special efforts to include global voices, and notably voices from the global South. Queries about potential submissions to EJDR can be directed to the Editors. EJDR understands development to be an ongoing process that affects all communities, societies, states and regions: We therefore do not have a geographical bias, but wherever possible prospective authors should seek to highlight how their study has relevance to researchers and practitioners studying development in different environments. Although many of the papers we publish examine the challenges for developing countries, we recognize that there are important lessons to be derived from the experiences of regions in the developed world. The EJDR is print-published 6 times a year, in a mix of regular and special theme issues; accepted papers are published on an ongoing basis online. We accept submissions in English and French.