---
title: Tracking High-Frequency Trading Activity in China and Its Effects on Market Quality
url: https://www.ml-quant.com/papers/ssrn/7599578/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-10-16
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 7599578
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7599578
featured: 2026-10-16
citations: unknown
topic: Trading, Microstructure & Execution
---


# Tracking High-Frequency Trading Activity in China and Its Effects on Market Quality

Order-level latency variation at China's exchange shows that HFT raises short-horizon price noise and adverse-selection costs but slightly improves pricing efficiency.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7599578
- Identifier: SSRN 7599578
- Released: 2026-10-12
- First featured: Quant Letter No. 135 (2026-10-16): https://www.ml-quant.com/issues/2026-10-16/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Trading, Microstructure & Execution
- Authors: Li Guo, Frank Weikai Li, Ding Qi, Lijian Sun

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