SIFMA today will release a white paper that calls for more discussion about high-frequency trading and how it affects the broader market structure and other investing. The paper also notes that high-frequency trading has yet to be accurately defined. "It's a characterization that's undefined," said Randy Snook, executive vice president at SIFMA. "We think there are a range of computer-based trading strategies and our objective with this paper is to focus on behaviors that are disruptive, and not necessarily focus on the speed of trading." SIFMA SmartBrief readers can get their first look at SIFMA's statement and white paper.
Published in Brief: