# Prof. Joel Hasbrouck's research on high frequency trading is highlighted

1 January 23, 2012 livemint.com ![Livemint logo](/sites/default/files/styles/246w/public/assets/images/livemint%20feature.jpg?itok=nIqY0pI_)>

Excerpt from [Livemint](http://www.livemint.com/2012/01/23224259/Curbing-highfrequency-trading.html) -- "[Joel Hasbrouck](http://www.stern.nyu.edu/faculty/bio/joel-hasbrouck) of New York University and Gideon Saar of Cornell University, after studying NASDAQ’s trading data in 2007-08, came to the conclusion that low-latency trading improves traditional market quality measures such as short-term volatility, spreads and displayed depth in the limit order book."

[Read more](http://www.livemint.com/2012/01/23224259/Curbing-highfrequency-trading.html)