Boxes and Lines

Boxes and Lines


Measuring the 15-Microsecond Dash with Professor Eric “Batch” Budish

August 16, 2021


Ronan and JR are joined by Eric Budish, the Steven G. Rothmeier Professor of Economics at the University of Chicago Booth School of Business, to break down the methodology and results in his paper “Quantifying the High-Frequency Trading ‘Arms Race,’” his well-known batch auction market design, and the usefulness of putting a dollar value on vaccine capacity. Recorded July 28.