Interactions of market making algorithms
The widespread use of market making algorithms and the associated feedback effects may have unexpected consequences which need to be better understood. In particular the phenomenon of 'tacit collusion' in which the interaction of algorithms leads to an outcome similar to a collusion among...
| Main Authors: | , |
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| Format: | Conference item |
| Language: | English |
| Published: |
Association for Computing Machinery
2022
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