-effects of High-Frequency Trading (HFT) systems which trade at super-human speeds. In this paper we report on simulation studies … of automated trading in FBA-based financial markets: we have extended a long-established open-source simulation model of … conducting more than 1.7M simulation experiments, we examine the pairwise dominance relationships of six well-known trading …

impact of such concepts, e.g. effects on the price formation or the volatility of prices, a simulation environment is … conducted by comparing different simulation runs including and excluding a trader constituting an algorithmic trading model in … market prices. On the other hand, lower latency appears to lower market volatility. -- Algorithmic Trading ; Simulation …

employs an agent-based simulation to examine the influence of a simple HFT strategy in a continuous double auction market. In … long-term oriented investors. These findings may justify some of the concerns of regulators. The simulation setting helps …