# Prof. Joel Hasbrouck's research on high frequency trading (HFT) is cited

1 Faculty News June 13, 2014 ![Livemint logo](/sites/default/files/styles/246w/public/assets/images/livemint%20feature.jpg?itok=nIqY0pI_)>

Excerpt from [Livemint](http://www.livemint.com/Opinion/7QagJWnSOavffCLSYHt6EP/High-frequency-trading-To-let-be-or-to-not-let-be.html) -- "[Joel Hasbrouck](http://www.stern.nyu.edu/faculty/bio/joel-hasbrouck) and Gideon Saar, in a paper published by the Journal of Financial Markets, wrote that low-latency activity (read HFT) improves traditional market quality measures such as spreads, depth and volatility and that they need not work to the detriment of long-term investors."

[Read more](http://www.livemint.com/Opinion/7QagJWnSOavffCLSYHt6EP/High-frequency-trading-To-let-be-or-to-not-let-be.html)