The financial markets have changed quite fundamentally in the last a few decades, yet the measures we use to regulate them have not really changed at all. The market patterns of high frequency trading, computer generated activity and short-termism are now well entrenched, and will be difficult...

We argue that a financial transaction tax complements financial market regulation. With the tax, governments have an additional instrument at hand to influence trading activity. FTT aims to reduce regulatory arbitrage, flash trading, overactive portfolio management, excessive leverage and...

We argue that a financial transaction tax complements financial market regulation. With the tax, governments have an additional instrument at hand to influence trading activity. FTT aims to reduce regulatory arbitrage, flash trading, overactive portfolio management, excessive leverage and...

This paper studies the European stock market reactions to a number of events associated with the adoption of a Financial Transaction Tax (FTT). We assess the impact of the FTT implementation process on eight European countries that are involved in the European Union financial transactions tax...