Research On The Criminal Law Of High-Frequency Trading

In recent years,high-frequency trading has been developed rapidly with the support of computer technology development.However,high frequency trading has also gradually emerged in the capital market.During the period of ‘crash' in 2015,the world's market manipulation case happened to our country the capital market is a wake-up call,because our country capital market trading system is not suitable for the use of high-frequency trading,so not for high-frequency trading regulation of criminal law in our country,this leads to a problem,how to high-frequency trading,market manipulation behavior in criminal law?First of all,the author of a simple definition for high-frequency trading,then discusses the high-frequency trading to the negative of the capital market,and the high-frequency several control methods are analyzed,and lists the test ‘and cheat' josiah case with the world's market manipulation case,to the necessity of high-frequency trading into the criminal law.On the basis of this,the author thinks that high frequency trading is the most appropriate crime in the criminal law of 182,which is the most appropriate crime.Finally,the author of ‘securities law' article 77,"criminal law" article 182 and some related judicial explanation put forward its own humble opinion,hope to be able to for high-frequency trading regulation of the criminal law in the judicial practice that help.