naa a22 4500 510778267 CHVBK 20180411083238.0 cr unu---uuuuu 180411e20130901xx s 000 0 eng 10.1007/s11948-012-9412-5 doi (NATIONALLICENCE)springer-10.1007/s11948-012-9412-5 Ethics, Finance, and Automation: A Preliminary Survey of Problems in High Frequency Trading [Elektronische Daten] [Michael Davis, Andrew Kumiega, Ben Van Vliet] All of finance is now automated, most notably high frequency trading. This paper examines the ethical implications of this fact. As automation is an interdisciplinary endeavor, we argue that the interfaces between the respective disciplines can lead to conflicting ethical perspectives; we also argue that existing disciplinary standards do not pay enough attention to the ethical problems automation generates. Conflicting perspectives undermine the protection those who rely on trading should have. Ethics in finance can be expanded to include organizational and industry-wide responsibilities to external market participants and society. As a starting point, quality management techniques can provide a foundation for a new cross-disciplinary ethical standard in the age of automation. Springer Science+Business Media Dordrecht, 2012 High-frequency trading nationallicence Automation nationallicence Ethics nationallicence Quality management nationallicence Engineering nationallicence Davis Michael Illinois Institute of Technology, Center for the Study of Ethics in the Professions, 3241 S Federal Street, 204 HH, 60616, Chicago, IL, USA aut Kumiega Andrew Illinois Institute of Technology, 565 W, Adams, 60661, Chicago, IL, USA aut Van Vliet Ben Illinois Institute of Technology, 565 W, Adams, 60661, Chicago, IL, USA aut Science and Engineering Ethics Springer Netherlands 19/3(2013-09-01), 851-874 1353-3452 19:3<851 2013 19 11948 https://doi.org/10.1007/s11948-012-9412-5 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/s11948-012-9412-5 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Davis Michael Illinois Institute of Technology, Center for the Study of Ethics in the Professions, 3241 S Federal Street, 204 HH, 60616, Chicago, IL, USA aut NATIONALLICENCE 700 1- Kumiega Andrew Illinois Institute of Technology, 565 W, Adams, 60661, Chicago, IL, USA aut NATIONALLICENCE 700 1- Van Vliet Ben Illinois Institute of Technology, 565 W, Adams, 60661, Chicago, IL, USA aut NATIONALLICENCE 773 0- Science and Engineering Ethics Springer Netherlands 19/3(2013-09-01), 851-874 1353-3452 19:3<851 2013 19 11948 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer