Software Engineering Empirical Research Radar

The effect of NYSE American's latency delay on informed trading

Paper detail page in SEER Radar.

Authors

Jeremy Morris, Ke Xu

Venue / Year

International Review of Financial Analysis 2025

Topics

AI / LLM for SE; Industrial Software Engineering

Research directions

Event-Time & Latency-Sensitive Trading

Abstract / Summary

Using a 350-microsecond NYSE American speed bump as a natural experiment, the paper applies difference-in-differences to fifty stocks and finds a significant decline in informed trading. It provides a recent empirical bridge between controlled latency changes, information advantage and market behavior.

External Links

DOI / Publisher

PDF

Local PDF is not available on SEER Radar yet. When a public source is recorded, this page will add a local reading link with source attribution.