Research and analysis

Computer trading: changes in firms' equity capital

Report looking at the effect of algorithmic trading on firms’ equity capital.

• From: Government Office for Science
• Published: 23 October 2012

Documents

Algorithmic trading and changes in firms' equity capital (DR23)

Ref: BIS/12/1056

PDF, 430 KB, 36 pages

This file may not be suitable for users of assistive technology.

Request an accessible format.

If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email contact@go-science.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

This report examines algorithmic trading intensity and its relation to firms’ ability to raise new capital. It uses a large sample from 2001 to 2009 that includes transactions data from 39 exchanges and an average of 12,800 different common stocks to assess the effects of algorithmic trading.

This review was commissioned as part of the Foresight project on the future of computer trading.

Published 23 October 2012