000 01437cam a2200253 4500500
005 20250413035932.0
041 _afre
042 _adc
100 1 0 _aThouillez, Thomas
_eauthor
245 0 0 _aFinancial markets automation
260 _c2024.
500 _a90
520 _aThis article presents the main transformations in the microstructure of financial markets since the generalization of market automation. Today, the structural modification of the financial markets, combined with the evolution of information technologies, have led to upheavals, both in market practices and in the infrastructures necessary for market intervention. The rise of high-frequency trading has enabled the development of a new economy for brokerage firms, trading platforms, and telecommunications companies and has led to the emergence of new players, fintechs, whose business models are mainly based on new technologies.
690 _aalgorithmic trading
690 _ahigh-frequency trading
690 _amarket microstructure
690 _amultilateral trading facilities
690 _aalgorithmic trading
690 _ahigh-frequency trading
690 _aMarket microstructure
690 _amultilateral trading facilities
786 0 _nMarché et organisations | o 49 | 1 | 2024-02-01 | p. 39-65 | 1953-6119
856 4 1 _uhttps://shs.cairn.info/journal-marche-et-organisations-2024-1-page-39?lang=en&redirect-ssocas=7080
999 _c1135418
_d1135418