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  • FIA Forum: Shanghai 2019
    Square de Meeûs 37 1000 Brussels +32 2 791 7572 info@fia org London Level 28, One Canada Square Canary Wharf London E14 5AB +44 (0)20 7929 0081 info@fia org Singapore Level 18 Centennial Tower 3 Temasek Avenue Singapore 039190 +65 6950 0691 fiaasia@fia org Washington, DC 2001 K Street NW Suite 725, North Tower Washington, D C 20006 +1 202 466
  • High-frequency trading and the execution costs of institutional . . .
    This paper studies whether high-frequency trading (HFT) increases the execution costs of institutional investors We use technology upgrades that lower the latency of the London Stock Exchange to obtain variation in the level of HFT over time Following upgrades, the level of HFT increases Around these shocks to HFT, as far as can be measured, institutional traders’ costs remain unchanged
  • EMIR’s Segregation Challenge for European Clearers - secure. fia. org
    A s Europe implements new require- ments for derivatives clearing, clearinghouses are preparing to offer a wide range of models for the segregation of customer positions and assets Clearing members are concerned that this diver- gence will create an exceptionally complex operational landscape and are now urging the clearinghouses to adopt common stan- dards and implement the new offerings in




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