High-Frequency Trading and Retail Investors: A Review of Manipulation Research and a Detection Model

A review of how high-frequency trading manipulation works, who pays for it, and how it is detected, focused on what retail investors can see in free minute-level data. A detector tested on 20 U.S. stocks and funds raised about five alerts per stock per day, a rate that shuffled data matched, so its alerts flag unusual trading.

Authors

Publication Details

Journal
Zenodo (CERN European Organization for Nuclear Research)
Published
2026-10-26
DOI
https://doi.org/10.5281/zenodo.23669015
Primary Topic
Financial Markets and Investment Strategies
Type
preprint
Controls
|||
ALL TIME
JAN
FEB
MAR
APR
MAY
JUN
JUL
AUG
SEP
OCT
preprint

High-Frequency Trading and Retail Investors: A Review of Manipulation Research and a Detection Model

Adetayo Agueh
Zenodo (CERN European Organization for Nuclear Research)
Financial Markets and Investment Strategies
preprint

High-Frequency Trading and Retail Investors: A Review of Manipulation Research and a Detection Model

Adetayo Agueh
preprint en

Abstract

A review of how high-frequency trading manipulation works, who pays for it, and how it is detected, focused on what retail investors can see in free minute-level data. A detector tested on 20 U.S. stocks and funds raised about five alerts per stock per day, a rate that shuffled data matched, so its alerts flag unusual trading.

Zenodo (CERN European Organization for Nuclear Research)
Financial Markets and Investment Strategies
DOIOpen Access PDFOpenAlex
AI Navigator

Ask Laika to Summarize, Analyze, and Connect papers live on the map.

Summarize Papers & Methodologies

Extract key findings, datasets, and comparative methods across publications.

Benchmark Rankings & Visual Analytics

Rank top research institutions, authors, funders, topics, and journals by Field-Weighted Citation Impact (FWCI) and paper volume with instant charts.

Connect Distant Disciplines

Bridge topological clusters on the map to find hidden collaborative intersections.

Laika access coming soon
High-Frequency Trading and Retail Investors: A Review of Manipulation Research and a Detection Model — Adetayo Agueh · Zenodo (CERN European Organization for Nuclear Research) (2026) | TGRS Research Map | TGRS