The advances in trading technologies and networking infrastructures combined with the globalisation and competitive environment of the financial markets has increased the complexity and dynamics of markets making them difficult to understand and has raised a number of issues in relation to the...

Significant technological advancements have been made in trading platforms and trading infrastructures such as dark trading venues, broker-dealer crossing networks, high-frequency trading systems, etc. However, the impact of these on market participants is still poorly understood. Previous...