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How High Frequency Trading Affects a Market Index

The relationship between a market index and its constituent stocks is complicated. While an index is a weighted average of its constituent stocks, when the investigated time scale is one day or longer the index has been found to have a stronger effect on the stocks than vice versa. We explore how th...

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Библиографические подробности
Главные авторы: Kenett, Dror Y., Ben-Jacob, Eshel, Stanley, H. Eugene, gur-Gershgoren, Gitit
Формат: Artigo
Язык:Inglês
Опубликовано: Nature Publishing Group 2013
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Online-ссылка:https://ncbi.nlm.nih.gov/pmc/articles/PMC3743071/
https://ncbi.nlm.nih.gov/pubmed/23817553
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1038/srep02110
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