Hong Kong and Singapore exchanges confront high frequency trading

David R. Meyer and George Guernsey

Asia Pacific Business Review, 2017, vol. 23, issue 1, 63-89

Abstract: The Hong Kong (HKEx) and Singapore (SGX) exchanges remain conflicted about high frequency trading (HFT), reflecting the environment of private and public sector actors in which the HKEx and SGX operate. Neither exchange has resolved these conflicts, leaving the HFT controversy simmering and limiting the amounts of such trading occurring on their exchanges. Competitor exchanges in Asia, however, are more supportive of HFT. With the aid of technology providers which enable HFT, the HKEx and SGX significantly improved their trading infrastructures. At the same time, these providers developed data centres at other exchanges and built fibre-optic connections which permit low-latency trading across Asia. Traders in Hong Kong and Singapore access these exchanges, potentially undermining the HKEx and SGX.

Date: 2017
References: View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
http://hdl.handle.net/10.1080/13602381.2016.1157927 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:apbizr:v:23:y:2017:i:1:p:63-89

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/FAPB20

DOI: 10.1080/13602381.2016.1157927

Access Statistics for this article

Asia Pacific Business Review is currently edited by Professor Chris Rowley and Malcolm Warner

More articles in Asia Pacific Business Review from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().