A material political economy: Automated Trading Desk and price prediction in high-frequency trading.


This article contains the first detailed historical study of one of the new high-frequency trading (HFT) firms that have transformed many of the world's financial markets. The study, of Automated Trading Desk (ATD), one of the earliest and most important such firms, focuses on how ATD's algorithms predicted share price changes. The article argues that… (More)
DOI: 10.1177/0306312716676900