%0 Journal Article
%T The Economics of High-Frequency Trading: Taking Stock
%A Albert J. Menkveld
%J -
%D 2016
%R 10.1146/annurev-financial-121415-033010
%X I review the recent high-frequency trader (HFT) literature to single out the economic channels by which HFTs affect market quality. I first group the various theoretical studies according to common..
%U https://www.annualreviews.org/doi/abs/10.1146/annurev-financial-121415-033010