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Both reduce the human element in trading, help lower trading costs and boost liquidity in normal circumstances, the BIS said.
Retail investors could reap the benefit of more trading help in the foreign exchange and emerging markets areas.
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It is hard to see how high-frequency trading helps in any of those functions.
After a good year for trading, helped by low interest rates, clients became more cautious this year.
Those banking fees and surging equity trading helped offset a decline in the bond markets.
Another study found that water trading helped to reduce the damage wrought by droughts.But there are lots of problems.
Islam also told the Stuyvesant reporter that his father was out of work, and that his trading helped the family.
High-frequency trading helps small investors by narrowing spreads and speeding execution.
Tom's prescient trading helped M100 performance as well as its real life mutual fund Marketocracy Masters 100 (MOFQX), which has $87 million in assets.
Revenues were up 23% in 2001 to $424 million, but the conversion to decimal trading helped erode net income, which fell 22% to $64 million.
Proprietary Investment and Trading Helped Crash the System.
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