id	sid	tid	token	lemma	pos
fueconorg-4928	1	1	facta	facta	PROPN
fueconorg-4928	1	2	universitatis	universitatis	PROPN
fueconorg-4928	1	3	series	series	NOUN
fueconorg-4928	1	4	:	:	PUNCT
fueconorg-4928	1	5	economics	economic	NOUN
fueconorg-4928	1	6	and	and	CCONJ
fueconorg-4928	1	7	organization	organization	NOUN
fueconorg-4928	1	8	vol	vol	NOUN
fueconorg-4928	1	9	.	.	PROPN
fueconorg-4928	2	1	16	16	NUM
fueconorg-4928	2	2	,	,	PUNCT
fueconorg-4928	2	3	no	no	DET
fueconorg-4928	2	4	3	3	NUM
fueconorg-4928	2	5	,	,	PUNCT
fueconorg-4928	2	6	2019	2019	NUM
fueconorg-4928	2	7	,	,	PUNCT
fueconorg-4928	2	8	pp	pp	ADJ
fueconorg-4928	2	9	.	.	PUNCT
fueconorg-4928	3	1	255	255	NUM
fueconorg-4928	3	2	268	268	NUM
fueconorg-4928	3	3	https://doi.org/10.22190/fueo1903255	https://doi.org/10.22190/fueo1903255	NOUN
fueconorg-4928	3	4	t	t	PROPN
fueconorg-4928	3	5	©	©	PROPN
fueconorg-4928	3	6	2019	2019	NUM
fueconorg-4928	3	7	by	by	ADP
fueconorg-4928	3	8	university	university	PROPN
fueconorg-4928	3	9	of	of	ADP
fueconorg-4928	3	10	niš	niš	PROPN
fueconorg-4928	3	11	,	,	PUNCT
fueconorg-4928	3	12	serbia	serbia	PROPN
fueconorg-4928	3	13	|	|	ADV
fueconorg-4928	3	14	creative	creative	ADJ
fueconorg-4928	3	15	commons	common	NOUN
fueconorg-4928	3	16	licence	licence	NOUN
fueconorg-4928	3	17	:	:	PUNCT
fueconorg-4928	3	18	cc	cc	VERB
fueconorg-4928	3	19	by	by	ADP
fueconorg-4928	3	20	-	-	PUNCT
fueconorg-4928	3	21	nc	nc	PROPN
fueconorg-4928	3	22	-	-	PUNCT
fueconorg-4928	3	23	nd	nd	NOUN
fueconorg-4928	3	24	review	review	NOUN
fueconorg-4928	3	25	paper	paper	VERB
fueconorg-4928	3	26	the	the	DET
fueconorg-4928	3	27	impact	impact	NOUN
fueconorg-4928	3	28	of	of	ADP
fueconorg-4928	3	29	automated	automate	VERB
fueconorg-4928	3	30	trading	trading	NOUN
fueconorg-4928	3	31	systems	system	NOUN
fueconorg-4928	3	32	on	on	ADP
fueconorg-4928	3	33	financial	financial	ADJ
fueconorg-4928	3	34	market	market	NOUN
fueconorg-4928	3	35	stability	stability	NOUN
fueconorg-4928	3	36	1	1	NUM
fueconorg-4928	3	37	udc	udc	NOUN
fueconorg-4928	3	38	339:336.76	339:336.76	PROPN
fueconorg-4928	3	39	violeta	violeta	PROPN
fueconorg-4928	3	40	todorović	todorović	PROPN
fueconorg-4928	3	41	,	,	PUNCT
fueconorg-4928	3	42	aleksandra	aleksandra	PROPN
fueconorg-4928	3	43	pešterac	pešterac	PROPN
fueconorg-4928	3	44	,	,	PUNCT
fueconorg-4928	3	45	nenad	nenad	PROPN
fueconorg-4928	3	46	tomić	tomić	PROPN
fueconorg-4928	3	47	university	university	PROPN
fueconorg-4928	3	48	of	of	ADP
fueconorg-4928	3	49	kragujevac	kragujevac	PROPN
fueconorg-4928	3	50	,	,	PUNCT
fueconorg-4928	3	51	faculty	faculty	NOUN
fueconorg-4928	3	52	of	of	ADP
fueconorg-4928	3	53	economics	economic	NOUN
fueconorg-4928	3	54	,	,	PUNCT
fueconorg-4928	3	55	kragujevac	kragujevac	PROPN
fueconorg-4928	3	56	,	,	PUNCT
fueconorg-4928	3	57	serbia	serbia	PROPN
fueconorg-4928	3	58	abstract	abstract	ADJ
fueconorg-4928	3	59	.	.	PUNCT
fueconorg-4928	4	1	the	the	DET
fueconorg-4928	4	2	way	way	NOUN
fueconorg-4928	4	3	in	in	ADP
fueconorg-4928	4	4	which	which	PRON
fueconorg-4928	4	5	financial	financial	ADJ
fueconorg-4928	4	6	markets	market	NOUN
fueconorg-4928	4	7	operate	operate	VERB
fueconorg-4928	4	8	has	have	AUX
fueconorg-4928	4	9	substantially	substantially	ADV
fueconorg-4928	4	10	been	be	AUX
fueconorg-4928	4	11	changed	change	VERB
fueconorg-4928	4	12	by	by	ADP
fueconorg-4928	4	13	the	the	DET
fueconorg-4928	4	14	development	development	NOUN
fueconorg-4928	4	15	of	of	ADP
fueconorg-4928	4	16	information	information	NOUN
fueconorg-4928	4	17	technology	technology	NOUN
fueconorg-4928	4	18	.	.	PUNCT
fueconorg-4928	5	1	automation	automation	NOUN
fueconorg-4928	5	2	of	of	ADP
fueconorg-4928	5	3	trading	trading	NOUN
fueconorg-4928	5	4	systems	system	NOUN
fueconorg-4928	5	5	in	in	ADP
fueconorg-4928	5	6	financial	financial	ADJ
fueconorg-4928	5	7	markets	market	NOUN
fueconorg-4928	5	8	represents	represent	VERB
fueconorg-4928	5	9	the	the	DET
fueconorg-4928	5	10	last	last	ADJ
fueconorg-4928	5	11	phase	phase	NOUN
fueconorg-4928	5	12	of	of	ADP
fueconorg-4928	5	13	depersonalizing	depersonalize	VERB
fueconorg-4928	5	14	activities	activity	NOUN
fueconorg-4928	5	15	previously	previously	ADV
fueconorg-4928	5	16	done	do	VERB
fueconorg-4928	5	17	by	by	ADP
fueconorg-4928	5	18	traders	trader	NOUN
fueconorg-4928	5	19	.	.	PUNCT
fueconorg-4928	6	1	automated	automate	VERB
fueconorg-4928	6	2	trading	trading	NOUN
fueconorg-4928	6	3	development	development	NOUN
fueconorg-4928	6	4	enabled	enable	VERB
fueconorg-4928	6	5	computers	computer	NOUN
fueconorg-4928	6	6	to	to	PART
fueconorg-4928	6	7	determine	determine	VERB
fueconorg-4928	6	8	the	the	DET
fueconorg-4928	6	9	moment	moment	NOUN
fueconorg-4928	6	10	and	and	CCONJ
fueconorg-4928	6	11	the	the	DET
fueconorg-4928	6	12	way	way	NOUN
fueconorg-4928	6	13	of	of	ADP
fueconorg-4928	6	14	executing	execute	VERB
fueconorg-4928	6	15	sales	sale	NOUN
fueconorg-4928	6	16	orders	order	NOUN
fueconorg-4928	6	17	.	.	PUNCT
fueconorg-4928	7	1	computers	computer	NOUN
fueconorg-4928	7	2	still	still	ADV
fueconorg-4928	7	3	do	do	AUX
fueconorg-4928	7	4	not	not	PART
fueconorg-4928	7	5	make	make	VERB
fueconorg-4928	7	6	autonomous	autonomous	ADJ
fueconorg-4928	7	7	decisions	decision	NOUN
fueconorg-4928	7	8	regarding	regard	VERB
fueconorg-4928	7	9	the	the	DET
fueconorg-4928	7	10	choice	choice	NOUN
fueconorg-4928	7	11	of	of	ADP
fueconorg-4928	7	12	instruments	instrument	NOUN
fueconorg-4928	7	13	to	to	PART
fueconorg-4928	7	14	be	be	AUX
fueconorg-4928	7	15	traded	trade	VERB
fueconorg-4928	7	16	or	or	CCONJ
fueconorg-4928	7	17	trading	trading	NOUN
fueconorg-4928	7	18	criteria	criterion	NOUN
fueconorg-4928	7	19	.	.	PUNCT
fueconorg-4928	8	1	they	they	PRON
fueconorg-4928	8	2	implement	implement	VERB
fueconorg-4928	8	3	the	the	DET
fueconorg-4928	8	4	strategy	strategy	NOUN
fueconorg-4928	8	5	a	a	DET
fueconorg-4928	8	6	trader	trader	NOUN
fueconorg-4928	8	7	has	have	AUX
fueconorg-4928	8	8	decided	decide	VERB
fueconorg-4928	8	9	on	on	ADP
fueconorg-4928	8	10	,	,	PUNCT
fueconorg-4928	8	11	choosing	choose	VERB
fueconorg-4928	8	12	a	a	DET
fueconorg-4928	8	13	favorable	favorable	ADJ
fueconorg-4928	8	14	moment	moment	NOUN
fueconorg-4928	8	15	.	.	PUNCT
fueconorg-4928	9	1	this	this	PRON
fueconorg-4928	9	2	reduces	reduce	VERB
fueconorg-4928	9	3	the	the	DET
fueconorg-4928	9	4	impact	impact	NOUN
fueconorg-4928	9	5	of	of	ADP
fueconorg-4928	9	6	human	human	ADJ
fueconorg-4928	9	7	emotions	emotion	NOUN
fueconorg-4928	9	8	on	on	ADP
fueconorg-4928	9	9	decision	decision	NOUN
fueconorg-4928	9	10	making	making	NOUN
fueconorg-4928	9	11	and	and	CCONJ
fueconorg-4928	9	12	enables	enable	VERB
fueconorg-4928	9	13	overcoming	overcome	VERB
fueconorg-4928	9	14	possible	possible	ADJ
fueconorg-4928	9	15	problems	problem	NOUN
fueconorg-4928	9	16	which	which	PRON
fueconorg-4928	9	17	arise	arise	VERB
fueconorg-4928	9	18	due	due	ADP
fueconorg-4928	9	19	to	to	ADP
fueconorg-4928	9	20	neglect	neglect	NOUN
fueconorg-4928	9	21	or	or	CCONJ
fueconorg-4928	9	22	lack	lack	NOUN
fueconorg-4928	9	23	of	of	ADP
fueconorg-4928	9	24	concentration	concentration	NOUN
fueconorg-4928	9	25	.	.	PUNCT
fueconorg-4928	10	1	high	high	ADJ
fueconorg-4928	10	2	-	-	PUNCT
fueconorg-4928	10	3	frequency	frequency	NOUN
fueconorg-4928	10	4	trading	trading	NOUN
fueconorg-4928	10	5	enables	enable	VERB
fueconorg-4928	10	6	the	the	DET
fueconorg-4928	10	7	execution	execution	NOUN
fueconorg-4928	10	8	of	of	ADP
fueconorg-4928	10	9	algorithmic	algorithmic	ADJ
fueconorg-4928	10	10	operations	operation	NOUN
fueconorg-4928	10	11	at	at	ADP
fueconorg-4928	10	12	a	a	DET
fueconorg-4928	10	13	high	high	ADJ
fueconorg-4928	10	14	speed	speed	NOUN
fueconorg-4928	10	15	.	.	PUNCT
fueconorg-4928	11	1	the	the	DET
fueconorg-4928	11	2	main	main	ADJ
fueconorg-4928	11	3	goal	goal	NOUN
fueconorg-4928	11	4	of	of	ADP
fueconorg-4928	11	5	the	the	DET
fueconorg-4928	11	6	paper	paper	NOUN
fueconorg-4928	11	7	is	be	AUX
fueconorg-4928	11	8	to	to	PART
fueconorg-4928	11	9	determine	determine	VERB
fueconorg-4928	11	10	advantages	advantage	NOUN
fueconorg-4928	11	11	and	and	CCONJ
fueconorg-4928	11	12	dangers	danger	NOUN
fueconorg-4928	11	13	produced	produce	VERB
fueconorg-4928	11	14	by	by	ADP
fueconorg-4928	11	15	automated	automate	VERB
fueconorg-4928	11	16	stock	stock	NOUN
fueconorg-4928	11	17	trading	trading	NOUN
fueconorg-4928	11	18	.	.	PUNCT
fueconorg-4928	12	1	key	key	ADJ
fueconorg-4928	12	2	words	word	NOUN
fueconorg-4928	12	3	:	:	PUNCT
fueconorg-4928	12	4	automated	automate	VERB
fueconorg-4928	12	5	trading	trading	NOUN
fueconorg-4928	12	6	system	system	NOUN
fueconorg-4928	12	7	,	,	PUNCT
fueconorg-4928	12	8	financial	financial	ADJ
fueconorg-4928	12	9	markets	market	NOUN
fueconorg-4928	12	10	,	,	PUNCT
fueconorg-4928	12	11	high	high	ADJ
fueconorg-4928	12	12	-	-	PUNCT
fueconorg-4928	12	13	frequency	frequency	NOUN
fueconorg-4928	12	14	trading	trading	NOUN
fueconorg-4928	12	15	jel	jel	PROPN
fueconorg-4928	12	16	classification	classification	PROPN
fueconorg-4928	12	17	:	:	PUNCT
fueconorg-4928	12	18	g10	g10	PROPN
fueconorg-4928	12	19	,	,	PUNCT
fueconorg-4928	12	20	o33	o33	NOUN
fueconorg-4928	12	21	introduction	introduction	NOUN
fueconorg-4928	12	22	the	the	DET
fueconorg-4928	12	23	rapid	rapid	ADJ
fueconorg-4928	12	24	development	development	NOUN
fueconorg-4928	12	25	of	of	ADP
fueconorg-4928	12	26	computer	computer	NOUN
fueconorg-4928	12	27	technology	technology	NOUN
fueconorg-4928	12	28	and	and	CCONJ
fueconorg-4928	12	29	the	the	DET
fueconorg-4928	12	30	importance	importance	NOUN
fueconorg-4928	12	31	of	of	ADP
fueconorg-4928	12	32	its	its	PRON
fueconorg-4928	12	33	application	application	NOUN
fueconorg-4928	12	34	in	in	ADP
fueconorg-4928	12	35	contemporary	contemporary	ADJ
fueconorg-4928	12	36	business	business	NOUN
fueconorg-4928	12	37	operations	operation	NOUN
fueconorg-4928	12	38	have	have	AUX
fueconorg-4928	12	39	positioned	position	VERB
fueconorg-4928	12	40	financial	financial	ADJ
fueconorg-4928	12	41	sector	sector	NOUN
fueconorg-4928	12	42	as	as	ADP
fueconorg-4928	12	43	one	one	NUM
fueconorg-4928	12	44	of	of	ADP
fueconorg-4928	12	45	the	the	DET
fueconorg-4928	12	46	leading	leading	NOUN
fueconorg-4928	12	47	in	in	ADP
fueconorg-4928	12	48	applying	apply	VERB
fueconorg-4928	12	49	modern	modern	ADJ
fueconorg-4928	12	50	technology	technology	NOUN
fueconorg-4928	12	51	.	.	PUNCT
fueconorg-4928	13	1	in	in	ADP
fueconorg-4928	13	2	order	order	NOUN
fueconorg-4928	13	3	to	to	PART
fueconorg-4928	13	4	increase	increase	VERB
fueconorg-4928	13	5	efficiency	efficiency	NOUN
fueconorg-4928	13	6	and	and	CCONJ
fueconorg-4928	13	7	ensure	ensure	VERB
fueconorg-4928	13	8	continuity	continuity	NOUN
fueconorg-4928	13	9	in	in	ADP
fueconorg-4928	13	10	conducting	conduct	VERB
fueconorg-4928	13	11	financial	financial	ADJ
fueconorg-4928	13	12	transactions	transaction	NOUN
fueconorg-4928	13	13	,	,	PUNCT
fueconorg-4928	13	14	financial	financial	ADJ
fueconorg-4928	13	15	markets	market	NOUN
fueconorg-4928	13	16	have	have	AUX
fueconorg-4928	13	17	succeeded	succeed	VERB
fueconorg-4928	13	18	in	in	ADP
fueconorg-4928	13	19	making	make	VERB
fueconorg-4928	13	20	the	the	DET
fueconorg-4928	13	21	best	good	ADJ
fueconorg-4928	13	22	use	use	NOUN
fueconorg-4928	13	23	of	of	ADP
fueconorg-4928	13	24	technological	technological	ADJ
fueconorg-4928	13	25	development	development	NOUN
fueconorg-4928	13	26	.	.	PUNCT
fueconorg-4928	14	1	unlike	unlike	ADP
fueconorg-4928	14	2	previous	previous	ADJ
fueconorg-4928	14	3	ways	way	NOUN
fueconorg-4928	14	4	of	of	ADP
fueconorg-4928	14	5	performing	perform	VERB
fueconorg-4928	14	6	stock	stock	NOUN
fueconorg-4928	14	7	trading	trading	NOUN
fueconorg-4928	14	8	and	and	CCONJ
fueconorg-4928	14	9	visible	visible	ADJ
fueconorg-4928	14	10	trade	trade	NOUN
fueconorg-4928	14	11	that	that	PRON
fueconorg-4928	14	12	used	use	VERB
fueconorg-4928	14	13	to	to	PART
fueconorg-4928	14	14	happen	happen	VERB
fueconorg-4928	14	15	on	on	ADP
fueconorg-4928	14	16	conventional	conventional	ADJ
fueconorg-4928	14	17	stock	stock	NOUN
fueconorg-4928	14	18	exchange	exchange	NOUN
fueconorg-4928	14	19	markets	market	NOUN
fueconorg-4928	14	20	with	with	ADP
fueconorg-4928	14	21	the	the	DET
fueconorg-4928	14	22	received	receive	VERB
fueconorg-4928	14	23	february	february	PROPN
fueconorg-4928	14	24	20	20	NUM
fueconorg-4928	14	25	,	,	PUNCT
fueconorg-4928	14	26	2019	2019	NUM
fueconorg-4928	14	27	/	/	SYM
fueconorg-4928	14	28	revised	revise	VERB
fueconorg-4928	14	29	may	may	AUX
fueconorg-4928	14	30	20	20	NUM
fueconorg-4928	14	31	,	,	PUNCT
fueconorg-4928	14	32	2019	2019	NUM
fueconorg-4928	14	33	/	/	SYM
fueconorg-4928	14	34	accepted	accept	VERB
fueconorg-4928	14	35	may	may	AUX
fueconorg-4928	14	36	29	29	NUM
fueconorg-4928	14	37	,	,	PUNCT
fueconorg-4928	14	38	2019	2019	NUM
fueconorg-4928	14	39	corresponding	correspond	VERB
fueconorg-4928	14	40	author	author	NOUN
fueconorg-4928	14	41	:	:	PUNCT
fueconorg-4928	14	42	aleksandra	aleksandra	PROPN
fueconorg-4928	14	43	pešterac	pešterac	PROPN
fueconorg-4928	14	44	university	university	PROPN
fueconorg-4928	14	45	of	of	ADP
fueconorg-4928	14	46	kragujevac	kragujevac	PROPN
fueconorg-4928	14	47	,	,	PUNCT
fueconorg-4928	14	48	faculty	faculty	NOUN
fueconorg-4928	14	49	of	of	ADP
fueconorg-4928	14	50	economics	economic	NOUN
fueconorg-4928	14	51	,	,	PUNCT
fueconorg-4928	14	52	liceja	liceja	ADJ
fueconorg-4928	14	53	kneževnine	kneževnine	NOUN
fueconorg-4928	14	54	srbije	srbije	PROPN
fueconorg-4928	14	55	3	3	NUM
fueconorg-4928	14	56	,	,	PUNCT
fueconorg-4928	14	57	34000	34000	NUM
fueconorg-4928	14	58	kragujevac	kragujevac	NOUN
fueconorg-4928	14	59	,	,	PUNCT
fueconorg-4928	14	60	serbia	serbia	NOUN
fueconorg-4928	14	61	e	e	NOUN
fueconorg-4928	14	62	-	-	NOUN
fueconorg-4928	14	63	mail	mail	NOUN
fueconorg-4928	14	64	:	:	PUNCT
fueconorg-4928	14	65	apesterac@kg.ac.rs	apesterac@kg.ac.rs	ADV
fueconorg-4928	14	66	256	256	NUM
fueconorg-4928	14	67	v.	v.	ADP
fueconorg-4928	14	68	todorović	todorović	PROPN
fueconorg-4928	14	69	,	,	PUNCT
fueconorg-4928	14	70	a.	a.	NOUN
fueconorg-4928	14	71	pešterac	pešterac	PROPN
fueconorg-4928	14	72	,	,	PUNCT
fueconorg-4928	14	73	n.	n.	NOUN
fueconorg-4928	14	74	tomić	tomić	NOUN
fueconorg-4928	14	75	physical	physical	ADJ
fueconorg-4928	14	76	presence	presence	NOUN
fueconorg-4928	14	77	of	of	ADP
fueconorg-4928	14	78	traders	trader	NOUN
fueconorg-4928	14	79	,	,	PUNCT
fueconorg-4928	14	80	a	a	DET
fueconorg-4928	14	81	series	series	NOUN
fueconorg-4928	14	82	of	of	ADP
fueconorg-4928	14	83	consecutive	consecutive	ADJ
fueconorg-4928	14	84	purchasing	purchasing	NOUN
fueconorg-4928	14	85	or	or	CCONJ
fueconorg-4928	14	86	sale	sale	NOUN
fueconorg-4928	14	87	operations	operation	NOUN
fueconorg-4928	14	88	on	on	ADP
fueconorg-4928	14	89	stock	stock	NOUN
fueconorg-4928	14	90	exchanges	exchange	NOUN
fueconorg-4928	14	91	is	be	AUX
fueconorg-4928	14	92	carried	carry	VERB
fueconorg-4928	14	93	out	out	ADP
fueconorg-4928	14	94	today	today	NOUN
fueconorg-4928	14	95	via	via	ADP
fueconorg-4928	14	96	electronic	electronic	ADJ
fueconorg-4928	14	97	systems	system	NOUN
fueconorg-4928	14	98	.	.	PUNCT
fueconorg-4928	15	1	further	further	ADJ
fueconorg-4928	15	2	development	development	NOUN
fueconorg-4928	15	3	of	of	ADP
fueconorg-4928	15	4	these	these	DET
fueconorg-4928	15	5	systems	system	NOUN
fueconorg-4928	15	6	has	have	AUX
fueconorg-4928	15	7	contributed	contribute	VERB
fueconorg-4928	15	8	to	to	ADP
fueconorg-4928	15	9	the	the	DET
fueconorg-4928	15	10	creation	creation	NOUN
fueconorg-4928	15	11	of	of	ADP
fueconorg-4928	15	12	electronic	electronic	ADJ
fueconorg-4928	15	13	networks	network	NOUN
fueconorg-4928	15	14	,	,	PUNCT
fueconorg-4928	15	15	thus	thus	ADV
fueconorg-4928	15	16	providing	provide	VERB
fueconorg-4928	15	17	continuity	continuity	NOUN
fueconorg-4928	15	18	in	in	ADP
fueconorg-4928	15	19	the	the	DET
fueconorg-4928	15	20	work	work	NOUN
fueconorg-4928	15	21	at	at	ADP
fueconorg-4928	15	22	the	the	DET
fueconorg-4928	15	23	global	global	ADJ
fueconorg-4928	15	24	level	level	NOUN
fueconorg-4928	15	25	through	through	ADP
fueconorg-4928	15	26	the	the	DET
fueconorg-4928	15	27	improvement	improvement	NOUN
fueconorg-4928	15	28	of	of	ADP
fueconorg-4928	15	29	information	information	NOUN
fueconorg-4928	15	30	flows	flow	NOUN
fueconorg-4928	15	31	.	.	PUNCT
fueconorg-4928	16	1	human	human	ADJ
fueconorg-4928	16	2	activity	activity	NOUN
fueconorg-4928	16	3	is	be	AUX
fueconorg-4928	16	4	replaced	replace	VERB
fueconorg-4928	16	5	by	by	ADP
fueconorg-4928	16	6	automated	automate	VERB
fueconorg-4928	16	7	trading	trading	NOUN
fueconorg-4928	16	8	systems	system	NOUN
fueconorg-4928	16	9	which	which	PRON
fueconorg-4928	16	10	use	use	VERB
fueconorg-4928	16	11	predetermined	predetermine	VERB
fueconorg-4928	16	12	parameters	parameter	NOUN
fueconorg-4928	16	13	to	to	PART
fueconorg-4928	16	14	make	make	VERB
fueconorg-4928	16	15	autonomous	autonomous	ADJ
fueconorg-4928	16	16	decisions	decision	NOUN
fueconorg-4928	16	17	on	on	ADP
fueconorg-4928	16	18	the	the	DET
fueconorg-4928	16	19	execution	execution	NOUN
fueconorg-4928	16	20	of	of	ADP
fueconorg-4928	16	21	trading	trading	NOUN
fueconorg-4928	16	22	.	.	PUNCT
fueconorg-4928	17	1	in	in	ADP
fueconorg-4928	17	2	the	the	DET
fueconorg-4928	17	3	past	past	NOUN
fueconorg-4928	17	4	decade	decade	NOUN
fueconorg-4928	17	5	,	,	PUNCT
fueconorg-4928	17	6	the	the	DET
fueconorg-4928	17	7	participation	participation	NOUN
fueconorg-4928	17	8	of	of	ADP
fueconorg-4928	17	9	automated	automate	VERB
fueconorg-4928	17	10	trading	trading	NOUN
fueconorg-4928	17	11	systems	system	NOUN
fueconorg-4928	17	12	in	in	ADP
fueconorg-4928	17	13	the	the	DET
fueconorg-4928	17	14	total	total	ADJ
fueconorg-4928	17	15	trading	trading	NOUN
fueconorg-4928	17	16	volume	volume	NOUN
fueconorg-4928	17	17	tripled	triple	VERB
fueconorg-4928	17	18	.	.	PUNCT
fueconorg-4928	18	1	over	over	ADP
fueconorg-4928	18	2	time	time	NOUN
fueconorg-4928	18	3	,	,	PUNCT
fueconorg-4928	18	4	these	these	DET
fueconorg-4928	18	5	systems	system	NOUN
fueconorg-4928	18	6	have	have	AUX
fueconorg-4928	18	7	become	become	VERB
fueconorg-4928	18	8	an	an	DET
fueconorg-4928	18	9	indispensable	indispensable	ADJ
fueconorg-4928	18	10	part	part	NOUN
fueconorg-4928	18	11	of	of	ADP
fueconorg-4928	18	12	the	the	DET
fueconorg-4928	18	13	markets	market	NOUN
fueconorg-4928	18	14	where	where	SCONJ
fueconorg-4928	18	15	sophisticated	sophisticated	ADJ
fueconorg-4928	18	16	technology	technology	NOUN
fueconorg-4928	18	17	is	be	AUX
fueconorg-4928	18	18	used	use	VERB
fueconorg-4928	18	19	to	to	PART
fueconorg-4928	18	20	manage	manage	VERB
fueconorg-4928	18	21	all	all	DET
fueconorg-4928	18	22	levels	level	NOUN
fueconorg-4928	18	23	of	of	ADP
fueconorg-4928	18	24	the	the	DET
fueconorg-4928	18	25	value	value	NOUN
fueconorg-4928	18	26	chain	chain	NOUN
fueconorg-4928	18	27	.	.	PUNCT
fueconorg-4928	19	1	given	give	VERB
fueconorg-4928	19	2	the	the	DET
fueconorg-4928	19	3	increasing	increase	VERB
fueconorg-4928	19	4	importance	importance	NOUN
fueconorg-4928	19	5	of	of	ADP
fueconorg-4928	19	6	automated	automate	VERB
fueconorg-4928	19	7	trading	trading	NOUN
fueconorg-4928	19	8	systems	system	NOUN
fueconorg-4928	19	9	for	for	ADP
fueconorg-4928	19	10	financial	financial	ADJ
fueconorg-4928	19	11	markets	market	NOUN
fueconorg-4928	19	12	,	,	PUNCT
fueconorg-4928	19	13	the	the	DET
fueconorg-4928	19	14	paper	paper	NOUN
fueconorg-4928	19	15	seeks	seek	VERB
fueconorg-4928	19	16	to	to	PART
fueconorg-4928	19	17	provide	provide	VERB
fueconorg-4928	19	18	updated	update	VERB
fueconorg-4928	19	19	basic	basic	ADJ
fueconorg-4928	19	20	information	information	NOUN
fueconorg-4928	19	21	about	about	ADP
fueconorg-4928	19	22	these	these	DET
fueconorg-4928	19	23	systems	system	NOUN
fueconorg-4928	19	24	by	by	ADP
fueconorg-4928	19	25	precisely	precisely	ADV
fueconorg-4928	19	26	defining	define	VERB
fueconorg-4928	19	27	terms	term	NOUN
fueconorg-4928	19	28	,	,	PUNCT
fueconorg-4928	19	29	strategies	strategy	NOUN
fueconorg-4928	19	30	and	and	CCONJ
fueconorg-4928	19	31	trading	trading	NOUN
fueconorg-4928	19	32	software	software	NOUN
fueconorg-4928	19	33	,	,	PUNCT
fueconorg-4928	19	34	as	as	ADV
fueconorg-4928	19	35	well	well	ADV
fueconorg-4928	19	36	as	as	ADP
fueconorg-4928	19	37	by	by	ADP
fueconorg-4928	19	38	presenting	present	VERB
fueconorg-4928	19	39	empirical	empirical	ADJ
fueconorg-4928	19	40	researches	research	NOUN
fueconorg-4928	19	41	.	.	PUNCT
fueconorg-4928	20	1	the	the	DET
fueconorg-4928	20	2	subject	subject	NOUN
fueconorg-4928	20	3	of	of	ADP
fueconorg-4928	20	4	the	the	DET
fueconorg-4928	20	5	paper	paper	NOUN
fueconorg-4928	20	6	is	be	AUX
fueconorg-4928	20	7	the	the	DET
fueconorg-4928	20	8	influence	influence	NOUN
fueconorg-4928	20	9	of	of	ADP
fueconorg-4928	20	10	automated	automate	VERB
fueconorg-4928	20	11	trading	trading	NOUN
fueconorg-4928	20	12	systems	system	NOUN
fueconorg-4928	20	13	use	use	NOUN
fueconorg-4928	20	14	on	on	ADP
fueconorg-4928	20	15	trading	trading	NOUN
fueconorg-4928	20	16	process	process	NOUN
fueconorg-4928	20	17	.	.	PUNCT
fueconorg-4928	21	1	the	the	DET
fueconorg-4928	21	2	main	main	ADJ
fueconorg-4928	21	3	goal	goal	NOUN
fueconorg-4928	21	4	of	of	ADP
fueconorg-4928	21	5	the	the	DET
fueconorg-4928	21	6	paper	paper	NOUN
fueconorg-4928	21	7	is	be	AUX
fueconorg-4928	21	8	to	to	PART
fueconorg-4928	21	9	determine	determine	VERB
fueconorg-4928	21	10	advantages	advantage	NOUN
fueconorg-4928	21	11	and	and	CCONJ
fueconorg-4928	21	12	risks	risk	NOUN
fueconorg-4928	21	13	caused	cause	VERB
fueconorg-4928	21	14	by	by	ADP
fueconorg-4928	21	15	automated	automate	VERB
fueconorg-4928	21	16	stock	stock	NOUN
fueconorg-4928	21	17	trading	trading	NOUN
fueconorg-4928	21	18	.	.	PUNCT
fueconorg-4928	22	1	the	the	DET
fueconorg-4928	22	2	first	first	ADJ
fueconorg-4928	22	3	part	part	NOUN
fueconorg-4928	22	4	of	of	ADP
fueconorg-4928	22	5	the	the	DET
fueconorg-4928	22	6	paper	paper	NOUN
fueconorg-4928	22	7	analyses	analyse	VERB
fueconorg-4928	22	8	the	the	DET
fueconorg-4928	22	9	long	long	ADJ
fueconorg-4928	22	10	-	-	PUNCT
fueconorg-4928	22	11	term	term	NOUN
fueconorg-4928	22	12	trend	trend	NOUN
fueconorg-4928	22	13	of	of	ADP
fueconorg-4928	22	14	reducing	reduce	VERB
fueconorg-4928	22	15	the	the	DET
fueconorg-4928	22	16	share	share	NOUN
fueconorg-4928	22	17	of	of	ADP
fueconorg-4928	22	18	manual	manual	ADJ
fueconorg-4928	22	19	work	work	NOUN
fueconorg-4928	22	20	in	in	ADP
fueconorg-4928	22	21	financial	financial	ADJ
fueconorg-4928	22	22	markets	market	NOUN
fueconorg-4928	22	23	which	which	PRON
fueconorg-4928	22	24	resulted	result	VERB
fueconorg-4928	22	25	in	in	ADP
fueconorg-4928	22	26	the	the	DET
fueconorg-4928	22	27	development	development	NOUN
fueconorg-4928	22	28	of	of	ADP
fueconorg-4928	22	29	systems	system	NOUN
fueconorg-4928	22	30	that	that	PRON
fueconorg-4928	22	31	autonomously	autonomously	ADV
fueconorg-4928	22	32	enter	enter	VERB
fueconorg-4928	22	33	and	and	CCONJ
fueconorg-4928	22	34	execute	execute	VERB
fueconorg-4928	22	35	orders	order	NOUN
fueconorg-4928	22	36	.	.	PUNCT
fueconorg-4928	23	1	the	the	DET
fueconorg-4928	23	2	second	second	ADJ
fueconorg-4928	23	3	part	part	NOUN
fueconorg-4928	23	4	presents	present	VERB
fueconorg-4928	23	5	the	the	DET
fueconorg-4928	23	6	basic	basic	ADJ
fueconorg-4928	23	7	characteristics	characteristic	NOUN
fueconorg-4928	23	8	of	of	ADP
fueconorg-4928	23	9	automated	automate	VERB
fueconorg-4928	23	10	trading	trading	NOUN
fueconorg-4928	23	11	systems	system	NOUN
fueconorg-4928	23	12	.	.	PUNCT
fueconorg-4928	24	1	the	the	DET
fueconorg-4928	24	2	focus	focus	NOUN
fueconorg-4928	24	3	of	of	ADP
fueconorg-4928	24	4	the	the	DET
fueconorg-4928	24	5	third	third	ADJ
fueconorg-4928	24	6	part	part	NOUN
fueconorg-4928	24	7	of	of	ADP
fueconorg-4928	24	8	the	the	DET
fueconorg-4928	24	9	paper	paper	NOUN
fueconorg-4928	24	10	will	will	AUX
fueconorg-4928	24	11	be	be	AUX
fueconorg-4928	24	12	on	on	ADP
fueconorg-4928	24	13	trading	trading	NOUN
fueconorg-4928	24	14	strategies	strategy	NOUN
fueconorg-4928	24	15	and	and	CCONJ
fueconorg-4928	24	16	software	software	NOUN
fueconorg-4928	24	17	methods	method	NOUN
fueconorg-4928	24	18	.	.	PUNCT
fueconorg-4928	25	1	the	the	DET
fueconorg-4928	25	2	last	last	ADJ
fueconorg-4928	25	3	part	part	NOUN
fueconorg-4928	25	4	will	will	AUX
fueconorg-4928	25	5	include	include	VERB
fueconorg-4928	25	6	the	the	DET
fueconorg-4928	25	7	analysis	analysis	NOUN
fueconorg-4928	25	8	of	of	ADP
fueconorg-4928	25	9	empirical	empirical	ADJ
fueconorg-4928	25	10	data	datum	NOUN
fueconorg-4928	25	11	and	and	CCONJ
fueconorg-4928	25	12	earlier	early	ADJ
fueconorg-4928	25	13	research	research	NOUN
fueconorg-4928	25	14	on	on	ADP
fueconorg-4928	25	15	the	the	DET
fueconorg-4928	25	16	effects	effect	NOUN
fueconorg-4928	25	17	of	of	ADP
fueconorg-4928	25	18	automated	automate	VERB
fueconorg-4928	25	19	stock	stock	NOUN
fueconorg-4928	25	20	trading	trading	NOUN
fueconorg-4928	25	21	.	.	PUNCT
fueconorg-4928	26	1	1	1	X
fueconorg-4928	26	2	.	.	X
fueconorg-4928	26	3	trade	trade	NOUN
fueconorg-4928	26	4	depersonalization	depersonalization	NOUN
fueconorg-4928	26	5	in	in	ADP
fueconorg-4928	26	6	financial	financial	ADJ
fueconorg-4928	26	7	markets	market	NOUN
fueconorg-4928	26	8	the	the	DET
fueconorg-4928	26	9	beginning	beginning	NOUN
fueconorg-4928	26	10	of	of	ADP
fueconorg-4928	26	11	stock	stock	NOUN
fueconorg-4928	26	12	exchanges	exchange	NOUN
fueconorg-4928	26	13	was	be	AUX
fueconorg-4928	26	14	marked	mark	VERB
fueconorg-4928	26	15	by	by	ADP
fueconorg-4928	26	16	highly	highly	ADV
fueconorg-4928	26	17	intense	intense	ADJ
fueconorg-4928	26	18	manual	manual	ADJ
fueconorg-4928	26	19	work	work	NOUN
fueconorg-4928	26	20	of	of	ADP
fueconorg-4928	26	21	traders	trader	NOUN
fueconorg-4928	26	22	.	.	PUNCT
fueconorg-4928	27	1	trade	trade	NOUN
fueconorg-4928	27	2	was	be	AUX
fueconorg-4928	27	3	carried	carry	VERB
fueconorg-4928	27	4	out	out	ADP
fueconorg-4928	27	5	at	at	ADP
fueconorg-4928	27	6	trading	trading	NOUN
fueconorg-4928	27	7	venues	venue	NOUN
fueconorg-4928	27	8	through	through	ADP
fueconorg-4928	27	9	direct	direct	ADJ
fueconorg-4928	27	10	communication	communication	NOUN
fueconorg-4928	27	11	of	of	ADP
fueconorg-4928	27	12	traders	trader	NOUN
fueconorg-4928	27	13	,	,	PUNCT
fueconorg-4928	27	14	and	and	CCONJ
fueconorg-4928	27	15	demanded	demand	VERB
fueconorg-4928	27	16	direct	direct	ADJ
fueconorg-4928	27	17	handling	handling	NOUN
fueconorg-4928	27	18	of	of	ADP
fueconorg-4928	27	19	financial	financial	ADJ
fueconorg-4928	27	20	instruments	instrument	NOUN
fueconorg-4928	27	21	.	.	PUNCT
fueconorg-4928	28	1	for	for	ADP
fueconorg-4928	28	2	many	many	ADJ
fueconorg-4928	28	3	years	year	NOUN
fueconorg-4928	28	4	,	,	PUNCT
fueconorg-4928	28	5	regulations	regulation	NOUN
fueconorg-4928	28	6	were	be	AUX
fueconorg-4928	28	7	the	the	DET
fueconorg-4928	28	8	only	only	ADJ
fueconorg-4928	28	9	improved	improved	ADJ
fueconorg-4928	28	10	aspect	aspect	NOUN
fueconorg-4928	28	11	,	,	PUNCT
fueconorg-4928	28	12	while	while	SCONJ
fueconorg-4928	28	13	trading	trading	NOUN
fueconorg-4928	28	14	mechanisms	mechanism	NOUN
fueconorg-4928	28	15	remained	remain	VERB
fueconorg-4928	28	16	unchanged	unchanged	ADJ
fueconorg-4928	28	17	.	.	PUNCT
fueconorg-4928	29	1	the	the	DET
fueconorg-4928	29	2	main	main	ADJ
fueconorg-4928	29	3	shortcomings	shortcoming	NOUN
fueconorg-4928	29	4	of	of	ADP
fueconorg-4928	29	5	the	the	DET
fueconorg-4928	29	6	conventional	conventional	ADJ
fueconorg-4928	29	7	form	form	NOUN
fueconorg-4928	29	8	of	of	ADP
fueconorg-4928	29	9	trading	trading	NOUN
fueconorg-4928	29	10	on	on	ADP
fueconorg-4928	29	11	the	the	DET
fueconorg-4928	29	12	floor	floor	NOUN
fueconorg-4928	29	13	are	be	AUX
fueconorg-4928	29	14	low	low	ADJ
fueconorg-4928	29	15	level	level	NOUN
fueconorg-4928	29	16	of	of	ADP
fueconorg-4928	29	17	transparency	transparency	NOUN
fueconorg-4928	29	18	,	,	PUNCT
fueconorg-4928	29	19	need	need	VERB
fueconorg-4928	29	20	for	for	ADP
fueconorg-4928	29	21	the	the	DET
fueconorg-4928	29	22	participation	participation	NOUN
fueconorg-4928	29	23	of	of	ADP
fueconorg-4928	29	24	numerous	numerous	ADJ
fueconorg-4928	29	25	staff	staff	NOUN
fueconorg-4928	29	26	,	,	PUNCT
fueconorg-4928	29	27	paperwork	paperwork	NOUN
fueconorg-4928	29	28	overload	overload	NOUN
fueconorg-4928	29	29	and	and	CCONJ
fueconorg-4928	29	30	slow	slow	ADJ
fueconorg-4928	29	31	supply	supply	NOUN
fueconorg-4928	29	32	-	-	PUNCT
fueconorg-4928	29	33	demand	demand	NOUN
fueconorg-4928	29	34	matching	matching	NOUN
fueconorg-4928	29	35	(	(	PUNCT
fueconorg-4928	29	36	stoll	stoll	PROPN
fueconorg-4928	29	37	,	,	PUNCT
fueconorg-4928	29	38	2006	2006	NUM
fueconorg-4928	29	39	,	,	PUNCT
fueconorg-4928	29	40	pp	pp	ADJ
fueconorg-4928	29	41	.	.	PUNCT
fueconorg-4928	29	42	167	167	NUM
fueconorg-4928	29	43	)	)	PUNCT
fueconorg-4928	29	44	.	.	PUNCT
fueconorg-4928	30	1	therefore	therefore	ADV
fueconorg-4928	30	2	,	,	PUNCT
fueconorg-4928	30	3	as	as	ADP
fueconorg-4928	30	4	a	a	DET
fueconorg-4928	30	5	rule	rule	NOUN
fueconorg-4928	30	6	,	,	PUNCT
fueconorg-4928	30	7	the	the	DET
fueconorg-4928	30	8	innovation	innovation	NOUN
fueconorg-4928	30	9	of	of	ADP
fueconorg-4928	30	10	trading	trading	NOUN
fueconorg-4928	30	11	was	be	AUX
fueconorg-4928	30	12	aimed	aim	VERB
fueconorg-4928	30	13	at	at	ADP
fueconorg-4928	30	14	increasing	increase	VERB
fueconorg-4928	30	15	the	the	DET
fueconorg-4928	30	16	speed	speed	NOUN
fueconorg-4928	30	17	and	and	CCONJ
fueconorg-4928	30	18	quality	quality	NOUN
fueconorg-4928	30	19	of	of	ADP
fueconorg-4928	30	20	the	the	DET
fueconorg-4928	30	21	information	information	NOUN
fueconorg-4928	30	22	flow	flow	NOUN
fueconorg-4928	30	23	and	and	CCONJ
fueconorg-4928	30	24	abuse	abuse	NOUN
fueconorg-4928	30	25	prevention	prevention	NOUN
fueconorg-4928	30	26	.	.	PUNCT
fueconorg-4928	31	1	communication	communication	NOUN
fueconorg-4928	31	2	between	between	ADP
fueconorg-4928	31	3	traders	trader	NOUN
fueconorg-4928	31	4	used	use	VERB
fueconorg-4928	31	5	to	to	PART
fueconorg-4928	31	6	be	be	AUX
fueconorg-4928	31	7	done	do	VERB
fueconorg-4928	31	8	directly	directly	ADV
fueconorg-4928	31	9	at	at	ADP
fueconorg-4928	31	10	a	a	DET
fueconorg-4928	31	11	trading	trading	NOUN
fueconorg-4928	31	12	venue	venue	NOUN
fueconorg-4928	31	13	.	.	PUNCT
fueconorg-4928	32	1	requiring	require	VERB
fueconorg-4928	32	2	permanent	permanent	ADJ
fueconorg-4928	32	3	physical	physical	ADJ
fueconorg-4928	32	4	presence	presence	NOUN
fueconorg-4928	32	5	of	of	ADP
fueconorg-4928	32	6	traders	trader	NOUN
fueconorg-4928	32	7	,	,	PUNCT
fueconorg-4928	32	8	direct	direct	ADJ
fueconorg-4928	32	9	communication	communication	NOUN
fueconorg-4928	32	10	was	be	AUX
fueconorg-4928	32	11	considered	consider	VERB
fueconorg-4928	32	12	to	to	PART
fueconorg-4928	32	13	be	be	AUX
fueconorg-4928	32	14	inadequate	inadequate	ADJ
fueconorg-4928	32	15	.	.	PUNCT
fueconorg-4928	33	1	traders	trader	NOUN
fueconorg-4928	33	2	often	often	ADV
fueconorg-4928	33	3	neither	neither	CCONJ
fueconorg-4928	33	4	had	have	VERB
fueconorg-4928	33	5	the	the	DET
fueconorg-4928	33	6	opportunity	opportunity	NOUN
fueconorg-4928	33	7	to	to	PART
fueconorg-4928	33	8	check	check	VERB
fueconorg-4928	33	9	the	the	DET
fueconorg-4928	33	10	information	information	NOUN
fueconorg-4928	33	11	they	they	PRON
fueconorg-4928	33	12	arrived	arrive	VERB
fueconorg-4928	33	13	at	at	ADP
fueconorg-4928	33	14	,	,	PUNCT
fueconorg-4928	33	15	nor	nor	CCONJ
fueconorg-4928	33	16	could	could	AUX
fueconorg-4928	33	17	they	they	PRON
fueconorg-4928	33	18	do	do	VERB
fueconorg-4928	33	19	the	the	DET
fueconorg-4928	33	20	analysis	analysis	NOUN
fueconorg-4928	33	21	and/or	and/or	CCONJ
fueconorg-4928	33	22	calculation	calculation	NOUN
fueconorg-4928	33	23	of	of	ADP
fueconorg-4928	33	24	the	the	DET
fueconorg-4928	33	25	current	current	ADJ
fueconorg-4928	33	26	situation	situation	NOUN
fueconorg-4928	33	27	.	.	PUNCT
fueconorg-4928	34	1	instead	instead	ADV
fueconorg-4928	34	2	,	,	PUNCT
fueconorg-4928	34	3	they	they	PRON
fueconorg-4928	34	4	had	have	VERB
fueconorg-4928	34	5	to	to	PART
fueconorg-4928	34	6	make	make	VERB
fueconorg-4928	34	7	decision	decision	NOUN
fueconorg-4928	34	8	as	as	ADV
fueconorg-4928	34	9	soon	soon	ADV
fueconorg-4928	34	10	as	as	ADP
fueconorg-4928	34	11	possible	possible	ADJ
fueconorg-4928	34	12	so	so	SCONJ
fueconorg-4928	34	13	as	as	SCONJ
fueconorg-4928	34	14	not	not	PART
fueconorg-4928	34	15	to	to	PART
fueconorg-4928	34	16	miss	miss	VERB
fueconorg-4928	34	17	the	the	DET
fueconorg-4928	34	18	opportunity	opportunity	NOUN
fueconorg-4928	34	19	.	.	PUNCT
fueconorg-4928	35	1	the	the	DET
fueconorg-4928	35	2	absence	absence	NOUN
fueconorg-4928	35	3	of	of	ADP
fueconorg-4928	35	4	a	a	DET
fueconorg-4928	35	5	timely	timely	ADJ
fueconorg-4928	35	6	reaction	reaction	NOUN
fueconorg-4928	35	7	could	could	AUX
fueconorg-4928	35	8	cause	cause	VERB
fueconorg-4928	35	9	huge	huge	ADJ
fueconorg-4928	35	10	losses	loss	NOUN
fueconorg-4928	35	11	or	or	CCONJ
fueconorg-4928	35	12	lead	lead	VERB
fueconorg-4928	35	13	to	to	ADP
fueconorg-4928	35	14	a	a	DET
fueconorg-4928	35	15	loss	loss	NOUN
fueconorg-4928	35	16	of	of	ADP
fueconorg-4928	35	17	potential	potential	ADJ
fueconorg-4928	35	18	earnings	earning	NOUN
fueconorg-4928	35	19	.	.	PUNCT
fueconorg-4928	36	1	such	such	ADJ
fueconorg-4928	36	2	circumstances	circumstance	NOUN
fueconorg-4928	36	3	created	create	VERB
fueconorg-4928	36	4	good	good	ADJ
fueconorg-4928	36	5	opportunities	opportunity	NOUN
fueconorg-4928	36	6	for	for	ADP
fueconorg-4928	36	7	fraud	fraud	NOUN
fueconorg-4928	36	8	caused	cause	VERB
fueconorg-4928	36	9	by	by	ADP
fueconorg-4928	36	10	communicating	communicate	VERB
fueconorg-4928	36	11	incomplete	incomplete	ADJ
fueconorg-4928	36	12	or	or	CCONJ
fueconorg-4928	36	13	false	false	ADJ
fueconorg-4928	36	14	information	information	NOUN
fueconorg-4928	36	15	.	.	PUNCT
fueconorg-4928	37	1	the	the	DET
fueconorg-4928	37	2	introduction	introduction	NOUN
fueconorg-4928	37	3	of	of	ADP
fueconorg-4928	37	4	the	the	DET
fueconorg-4928	37	5	phone	phone	NOUN
fueconorg-4928	37	6	as	as	ADP
fueconorg-4928	37	7	a	a	DET
fueconorg-4928	37	8	channel	channel	NOUN
fueconorg-4928	37	9	of	of	ADP
fueconorg-4928	37	10	communication	communication	NOUN
fueconorg-4928	37	11	provided	provide	VERB
fueconorg-4928	37	12	traders	trader	NOUN
fueconorg-4928	37	13	with	with	ADP
fueconorg-4928	37	14	the	the	DET
fueconorg-4928	37	15	opportunity	opportunity	NOUN
fueconorg-4928	37	16	to	to	PART
fueconorg-4928	37	17	retreat	retreat	VERB
fueconorg-4928	37	18	into	into	ADP
fueconorg-4928	37	19	their	their	PRON
fueconorg-4928	37	20	own	own	ADJ
fueconorg-4928	37	21	offices	office	NOUN
fueconorg-4928	37	22	.	.	PUNCT
fueconorg-4928	38	1	the	the	DET
fueconorg-4928	38	2	collection	collection	NOUN
fueconorg-4928	38	3	and	and	CCONJ
fueconorg-4928	38	4	verification	verification	NOUN
fueconorg-4928	38	5	of	of	ADP
fueconorg-4928	38	6	information	information	NOUN
fueconorg-4928	38	7	was	be	AUX
fueconorg-4928	38	8	facilitated	facilitate	VERB
fueconorg-4928	38	9	,	,	PUNCT
fueconorg-4928	38	10	which	which	PRON
fueconorg-4928	38	11	created	create	VERB
fueconorg-4928	38	12	the	the	DET
fueconorg-4928	38	13	ability	ability	NOUN
fueconorg-4928	38	14	to	to	PART
fueconorg-4928	38	15	perform	perform	VERB
fueconorg-4928	38	16	an	an	DET
fueconorg-4928	38	17	analytical	analytical	ADJ
fueconorg-4928	38	18	forecast	forecast	NOUN
fueconorg-4928	38	19	during	during	ADP
fueconorg-4928	38	20	the	the	DET
fueconorg-4928	38	21	process	process	NOUN
fueconorg-4928	38	22	of	of	ADP
fueconorg-4928	38	23	trade	trade	NOUN
fueconorg-4928	38	24	.	.	PUNCT
fueconorg-4928	39	1	however	however	ADV
fueconorg-4928	39	2	,	,	PUNCT
fueconorg-4928	39	3	an	an	DET
fueconorg-4928	39	4	obvious	obvious	ADJ
fueconorg-4928	39	5	limitation	limitation	NOUN
fueconorg-4928	39	6	of	of	ADP
fueconorg-4928	39	7	the	the	DET
fueconorg-4928	39	8	telephone	telephone	NOUN
fueconorg-4928	39	9	use	use	NOUN
fueconorg-4928	39	10	was	be	AUX
fueconorg-4928	39	11	a	a	DET
fueconorg-4928	39	12	bilateral	bilateral	ADJ
fueconorg-4928	39	13	communication	communication	NOUN
fueconorg-4928	39	14	with	with	ADP
fueconorg-4928	39	15	other	other	ADJ
fueconorg-4928	39	16	participants	participant	NOUN
fueconorg-4928	39	17	.	.	PUNCT
fueconorg-4928	40	1	if	if	SCONJ
fueconorg-4928	40	2	a	a	DET
fueconorg-4928	40	3	the	the	DET
fueconorg-4928	40	4	impact	impact	NOUN
fueconorg-4928	40	5	of	of	ADP
fueconorg-4928	40	6	automated	automate	VERB
fueconorg-4928	40	7	trading	trading	NOUN
fueconorg-4928	40	8	systems	system	NOUN
fueconorg-4928	40	9	on	on	ADP
fueconorg-4928	40	10	financial	financial	ADJ
fueconorg-4928	40	11	market	market	NOUN
fueconorg-4928	40	12	stability	stability	NOUN
fueconorg-4928	40	13	257	257	NUM
fueconorg-4928	40	14	trader	trader	NOUN
fueconorg-4928	40	15	wanted	want	VERB
fueconorg-4928	40	16	to	to	PART
fueconorg-4928	40	17	be	be	AUX
fueconorg-4928	40	18	the	the	DET
fueconorg-4928	40	19	first	first	ADJ
fueconorg-4928	40	20	to	to	PART
fueconorg-4928	40	21	contact	contact	VERB
fueconorg-4928	40	22	another	another	DET
fueconorg-4928	40	23	trader	trader	NOUN
fueconorg-4928	40	24	by	by	ADP
fueconorg-4928	40	25	telephone	telephone	NOUN
fueconorg-4928	40	26	,	,	PUNCT
fueconorg-4928	40	27	he	he	PRON
fueconorg-4928	40	28	/	/	SYM
fueconorg-4928	40	29	she	she	PRON
fueconorg-4928	40	30	would	would	AUX
fueconorg-4928	40	31	have	have	VERB
fueconorg-4928	40	32	to	to	PART
fueconorg-4928	40	33	find	find	VERB
fueconorg-4928	40	34	the	the	DET
fueconorg-4928	40	35	right	right	ADJ
fueconorg-4928	40	36	order	order	NOUN
fueconorg-4928	40	37	among	among	ADP
fueconorg-4928	40	38	the	the	DET
fueconorg-4928	40	39	offered	offer	VERB
fueconorg-4928	40	40	ones	one	NOUN
fueconorg-4928	40	41	.	.	PUNCT
fueconorg-4928	41	1	the	the	DET
fueconorg-4928	41	2	first	first	ADJ
fueconorg-4928	41	3	computers	computer	NOUN
fueconorg-4928	41	4	in	in	ADP
fueconorg-4928	41	5	financial	financial	ADJ
fueconorg-4928	41	6	markets	market	NOUN
fueconorg-4928	41	7	provided	provide	VERB
fueconorg-4928	41	8	traders	trader	NOUN
fueconorg-4928	41	9	with	with	ADP
fueconorg-4928	41	10	the	the	DET
fueconorg-4928	41	11	ability	ability	NOUN
fueconorg-4928	41	12	to	to	PART
fueconorg-4928	41	13	instantly	instantly	ADV
fueconorg-4928	41	14	obtain	obtain	VERB
fueconorg-4928	41	15	information	information	NOUN
fueconorg-4928	41	16	on	on	ADP
fueconorg-4928	41	17	the	the	DET
fueconorg-4928	41	18	movement	movement	NOUN
fueconorg-4928	41	19	of	of	ADP
fueconorg-4928	41	20	financial	financial	ADJ
fueconorg-4928	41	21	instrument	instrument	NOUN
fueconorg-4928	41	22	prices	price	NOUN
fueconorg-4928	41	23	and	and	CCONJ
fueconorg-4928	41	24	order	order	NOUN
fueconorg-4928	41	25	matching	matching	NOUN
fueconorg-4928	41	26	.	.	PUNCT
fueconorg-4928	42	1	in	in	ADP
fueconorg-4928	42	2	this	this	DET
fueconorg-4928	42	3	way	way	NOUN
fueconorg-4928	42	4	,	,	PUNCT
fueconorg-4928	42	5	investors	investor	NOUN
fueconorg-4928	42	6	were	be	AUX
fueconorg-4928	42	7	given	give	VERB
fueconorg-4928	42	8	the	the	DET
fueconorg-4928	42	9	convenience	convenience	NOUN
fueconorg-4928	42	10	of	of	ADP
fueconorg-4928	42	11	quickly	quickly	ADV
fueconorg-4928	42	12	selecting	select	VERB
fueconorg-4928	42	13	the	the	DET
fueconorg-4928	42	14	most	most	ADV
fueconorg-4928	42	15	favorable	favorable	ADJ
fueconorg-4928	42	16	financial	financial	ADJ
fueconorg-4928	42	17	transaction	transaction	NOUN
fueconorg-4928	42	18	both	both	CCONJ
fueconorg-4928	42	19	at	at	ADP
fueconorg-4928	42	20	the	the	DET
fueconorg-4928	42	21	national	national	ADJ
fueconorg-4928	42	22	and	and	CCONJ
fueconorg-4928	42	23	international	international	ADJ
fueconorg-4928	42	24	financial	financial	ADJ
fueconorg-4928	42	25	markets	market	NOUN
fueconorg-4928	42	26	(	(	PUNCT
fueconorg-4928	42	27	jakšić	jakšić	PROPN
fueconorg-4928	42	28	,	,	PUNCT
fueconorg-4928	42	29	2016	2016	NUM
fueconorg-4928	42	30	,	,	PUNCT
fueconorg-4928	42	31	pp	pp	ADJ
fueconorg-4928	42	32	.	.	PUNCT
fueconorg-4928	42	33	51	51	NUM
fueconorg-4928	42	34	)	)	PUNCT
fueconorg-4928	42	35	.	.	PUNCT
fueconorg-4928	43	1	communication	communication	NOUN
fueconorg-4928	43	2	became	become	VERB
fueconorg-4928	43	3	multilateral	multilateral	ADJ
fueconorg-4928	43	4	,	,	PUNCT
fueconorg-4928	43	5	since	since	SCONJ
fueconorg-4928	43	6	it	it	PRON
fueconorg-4928	43	7	enabled	enable	VERB
fueconorg-4928	43	8	a	a	DET
fueconorg-4928	43	9	trader	trader	NOUN
fueconorg-4928	43	10	to	to	PART
fueconorg-4928	43	11	communicate	communicate	VERB
fueconorg-4928	43	12	simultaneously	simultaneously	ADV
fueconorg-4928	43	13	with	with	ADP
fueconorg-4928	43	14	all	all	DET
fueconorg-4928	43	15	participants	participant	NOUN
fueconorg-4928	43	16	.	.	PUNCT
fueconorg-4928	44	1	informing	inform	VERB
fueconorg-4928	44	2	is	be	AUX
fueconorg-4928	44	3	one	one	NUM
fueconorg-4928	44	4	of	of	ADP
fueconorg-4928	44	5	the	the	DET
fueconorg-4928	44	6	key	key	ADJ
fueconorg-4928	44	7	functions	function	NOUN
fueconorg-4928	44	8	for	for	ADP
fueconorg-4928	44	9	ensuring	ensure	VERB
fueconorg-4928	44	10	efficient	efficient	ADJ
fueconorg-4928	44	11	stock	stock	NOUN
fueconorg-4928	44	12	trading	trading	NOUN
fueconorg-4928	44	13	.	.	PUNCT
fueconorg-4928	45	1	brokerage	brokerage	NOUN
fueconorg-4928	45	2	houses	house	NOUN
fueconorg-4928	45	3	must	must	AUX
fueconorg-4928	45	4	have	have	VERB
fueconorg-4928	45	5	a	a	DET
fueconorg-4928	45	6	quick	quick	ADJ
fueconorg-4928	45	7	and	and	CCONJ
fueconorg-4928	45	8	easy	easy	ADJ
fueconorg-4928	45	9	access	access	NOUN
fueconorg-4928	45	10	to	to	ADP
fueconorg-4928	45	11	all	all	DET
fueconorg-4928	45	12	relevant	relevant	ADJ
fueconorg-4928	45	13	information	information	NOUN
fueconorg-4928	45	14	concerning	concern	VERB
fueconorg-4928	45	15	the	the	DET
fueconorg-4928	45	16	quality	quality	NOUN
fueconorg-4928	45	17	of	of	ADP
fueconorg-4928	45	18	financial	financial	ADJ
fueconorg-4928	45	19	instruments	instrument	NOUN
fueconorg-4928	45	20	,	,	PUNCT
fueconorg-4928	45	21	price	price	NOUN
fueconorg-4928	45	22	movements	movement	NOUN
fueconorg-4928	45	23	and	and	CCONJ
fueconorg-4928	45	24	trading	trading	NOUN
fueconorg-4928	45	25	volume	volume	NOUN
fueconorg-4928	45	26	.	.	PUNCT
fueconorg-4928	46	1	since	since	SCONJ
fueconorg-4928	46	2	stock	stock	NOUN
fueconorg-4928	46	3	exchange	exchange	NOUN
fueconorg-4928	46	4	is	be	AUX
fueconorg-4928	46	5	not	not	PART
fueconorg-4928	46	6	primarily	primarily	ADV
fueconorg-4928	46	7	concerned	concerned	ADJ
fueconorg-4928	46	8	with	with	ADP
fueconorg-4928	46	9	information	information	NOUN
fueconorg-4928	46	10	flow	flow	NOUN
fueconorg-4928	46	11	but	but	CCONJ
fueconorg-4928	46	12	rather	rather	ADV
fueconorg-4928	46	13	presents	present	VERB
fueconorg-4928	46	14	a	a	DET
fueconorg-4928	46	15	system	system	NOUN
fueconorg-4928	46	16	of	of	ADP
fueconorg-4928	46	17	organized	organized	ADJ
fueconorg-4928	46	18	and	and	CCONJ
fueconorg-4928	46	19	safe	safe	ADJ
fueconorg-4928	46	20	trading	trading	NOUN
fueconorg-4928	46	21	,	,	PUNCT
fueconorg-4928	46	22	the	the	DET
fueconorg-4928	46	23	aforementioned	aforementioned	ADJ
fueconorg-4928	46	24	can	can	AUX
fueconorg-4928	46	25	be	be	AUX
fueconorg-4928	46	26	taken	take	VERB
fueconorg-4928	46	27	as	as	ADP
fueconorg-4928	46	28	a	a	DET
fueconorg-4928	46	29	progress	progress	NOUN
fueconorg-4928	46	30	in	in	ADP
fueconorg-4928	46	31	stock	stock	NOUN
fueconorg-4928	46	32	exchange	exchange	NOUN
fueconorg-4928	46	33	operations	operation	NOUN
fueconorg-4928	46	34	,	,	PUNCT
fueconorg-4928	46	35	as	as	ADV
fueconorg-4928	46	36	far	far	ADV
fueconorg-4928	46	37	as	as	SCONJ
fueconorg-4928	46	38	its	its	PRON
fueconorg-4928	46	39	function	function	NOUN
fueconorg-4928	46	40	is	be	AUX
fueconorg-4928	46	41	communicating	communicate	VERB
fueconorg-4928	46	42	information	information	NOUN
fueconorg-4928	46	43	(	(	PUNCT
fueconorg-4928	46	44	dugalić	dugalić	NOUN
fueconorg-4928	46	45	&	&	CCONJ
fueconorg-4928	46	46	štimac	štimac	NOUN
fueconorg-4928	46	47	,	,	PUNCT
fueconorg-4928	46	48	2011	2011	NUM
fueconorg-4928	46	49	,	,	PUNCT
fueconorg-4928	46	50	pp	pp	ADJ
fueconorg-4928	46	51	.	.	PUNCT
fueconorg-4928	46	52	122	122	NUM
fueconorg-4928	46	53	)	)	PUNCT
fueconorg-4928	46	54	.	.	PUNCT
fueconorg-4928	47	1	in	in	ADP
fueconorg-4928	47	2	some	some	DET
fueconorg-4928	47	3	earlier	early	ADJ
fueconorg-4928	47	4	times	time	NOUN
fueconorg-4928	47	5	,	,	PUNCT
fueconorg-4928	47	6	all	all	DET
fueconorg-4928	47	7	information	information	NOUN
fueconorg-4928	47	8	had	have	VERB
fueconorg-4928	47	9	to	to	PART
fueconorg-4928	47	10	be	be	AUX
fueconorg-4928	47	11	retrieved	retrieve	VERB
fueconorg-4928	47	12	,	,	PUNCT
fueconorg-4928	47	13	sorted	sort	VERB
fueconorg-4928	47	14	and	and	CCONJ
fueconorg-4928	47	15	processed	process	VERB
fueconorg-4928	47	16	manually	manually	ADV
fueconorg-4928	47	17	by	by	ADP
fueconorg-4928	47	18	employees	employee	NOUN
fueconorg-4928	47	19	.	.	PUNCT
fueconorg-4928	48	1	computer	computer	NOUN
fueconorg-4928	48	2	systems	system	NOUN
fueconorg-4928	48	3	have	have	AUX
fueconorg-4928	48	4	enabled	enable	VERB
fueconorg-4928	48	5	the	the	DET
fueconorg-4928	48	6	automation	automation	NOUN
fueconorg-4928	48	7	of	of	ADP
fueconorg-4928	48	8	this	this	DET
fueconorg-4928	48	9	process	process	NOUN
fueconorg-4928	48	10	,	,	PUNCT
fueconorg-4928	48	11	through	through	ADP
fueconorg-4928	48	12	accelerated	accelerate	VERB
fueconorg-4928	48	13	information	information	NOUN
fueconorg-4928	48	14	gathering	gathering	NOUN
fueconorg-4928	48	15	,	,	PUNCT
fueconorg-4928	48	16	separating	separate	VERB
fueconorg-4928	48	17	relevant	relevant	ADJ
fueconorg-4928	48	18	from	from	ADP
fueconorg-4928	48	19	irrelevant	irrelevant	ADJ
fueconorg-4928	48	20	information	information	NOUN
fueconorg-4928	48	21	and	and	CCONJ
fueconorg-4928	48	22	its	its	PRON
fueconorg-4928	48	23	processing	processing	NOUN
fueconorg-4928	48	24	.	.	PUNCT
fueconorg-4928	49	1	by	by	ADP
fueconorg-4928	49	2	developing	develop	VERB
fueconorg-4928	49	3	fix	fix	NOUN
fueconorg-4928	49	4	protocol	protocol	NOUN
fueconorg-4928	49	5	in	in	ADP
fueconorg-4928	49	6	1992	1992	NUM
fueconorg-4928	49	7	,	,	PUNCT
fueconorg-4928	49	8	a	a	DET
fueconorg-4928	49	9	standardized	standardized	ADJ
fueconorg-4928	49	10	basis	basis	NOUN
fueconorg-4928	49	11	for	for	ADP
fueconorg-4928	49	12	pre	pre	ADJ
fueconorg-4928	49	13	-	-	ADJ
fueconorg-4928	49	14	trade	trade	ADJ
fueconorg-4928	49	15	communication	communication	NOUN
fueconorg-4928	49	16	and	and	CCONJ
fueconorg-4928	49	17	trade	trade	NOUN
fueconorg-4928	49	18	execution	execution	NOUN
fueconorg-4928	49	19	was	be	AUX
fueconorg-4928	49	20	created	create	VERB
fueconorg-4928	49	21	.	.	PUNCT
fueconorg-4928	50	1	due	due	ADP
fueconorg-4928	50	2	to	to	ADP
fueconorg-4928	50	3	the	the	DET
fueconorg-4928	50	4	processes	process	NOUN
fueconorg-4928	50	5	of	of	ADP
fueconorg-4928	50	6	immobilization	immobilization	NOUN
fueconorg-4928	50	7	and	and	CCONJ
fueconorg-4928	50	8	decentralization	decentralization	NOUN
fueconorg-4928	50	9	,	,	PUNCT
fueconorg-4928	50	10	shares	share	NOUN
fueconorg-4928	50	11	have	have	AUX
fueconorg-4928	50	12	ceased	cease	VERB
fueconorg-4928	50	13	to	to	PART
fueconorg-4928	50	14	be	be	AUX
fueconorg-4928	50	15	physically	physically	ADV
fueconorg-4928	50	16	transferred	transfer	VERB
fueconorg-4928	50	17	in	in	ADP
fueconorg-4928	50	18	a	a	DET
fueconorg-4928	50	19	trading	trading	NOUN
fueconorg-4928	50	20	process	process	NOUN
fueconorg-4928	50	21	.	.	PUNCT
fueconorg-4928	51	1	immobilization	immobilization	NOUN
fueconorg-4928	51	2	of	of	ADP
fueconorg-4928	51	3	shares	share	NOUN
fueconorg-4928	51	4	refers	refer	VERB
fueconorg-4928	51	5	to	to	ADP
fueconorg-4928	51	6	their	their	PRON
fueconorg-4928	51	7	keeping	keeping	NOUN
fueconorg-4928	51	8	in	in	ADP
fueconorg-4928	51	9	one	one	NUM
fueconorg-4928	51	10	place	place	NOUN
fueconorg-4928	51	11	trusted	trust	VERB
fueconorg-4928	51	12	by	by	ADP
fueconorg-4928	51	13	all	all	DET
fueconorg-4928	51	14	participants	participant	NOUN
fueconorg-4928	51	15	a	a	DET
fueconorg-4928	51	16	central	central	ADJ
fueconorg-4928	51	17	depository	depository	NOUN
fueconorg-4928	51	18	.	.	PUNCT
fueconorg-4928	52	1	shares	share	NOUN
fueconorg-4928	52	2	are	be	AUX
fueconorg-4928	52	3	no	no	ADV
fueconorg-4928	52	4	longer	long	ADV
fueconorg-4928	52	5	transferred	transfer	VERB
fueconorg-4928	52	6	physically	physically	ADV
fueconorg-4928	52	7	from	from	ADP
fueconorg-4928	52	8	a	a	DET
fueconorg-4928	52	9	seller	seller	NOUN
fueconorg-4928	52	10	to	to	ADP
fueconorg-4928	52	11	a	a	DET
fueconorg-4928	52	12	buyer	buyer	NOUN
fueconorg-4928	52	13	during	during	ADP
fueconorg-4928	52	14	the	the	DET
fueconorg-4928	52	15	trade	trade	NOUN
fueconorg-4928	52	16	;	;	PUNCT
fueconorg-4928	52	17	instead	instead	ADV
fueconorg-4928	52	18	,	,	PUNCT
fueconorg-4928	52	19	the	the	DET
fueconorg-4928	52	20	bookkeeping	bookkeeping	NOUN
fueconorg-4928	52	21	transfer	transfer	NOUN
fueconorg-4928	52	22	of	of	ADP
fueconorg-4928	52	23	ownership	ownership	NOUN
fueconorg-4928	52	24	is	be	AUX
fueconorg-4928	52	25	made	make	VERB
fueconorg-4928	52	26	.	.	PUNCT
fueconorg-4928	53	1	in	in	ADP
fueconorg-4928	53	2	this	this	DET
fueconorg-4928	53	3	way	way	NOUN
fueconorg-4928	53	4	,	,	PUNCT
fueconorg-4928	53	5	trading	trading	NOUN
fueconorg-4928	53	6	costs	cost	NOUN
fueconorg-4928	53	7	are	be	AUX
fueconorg-4928	53	8	reduced	reduce	VERB
fueconorg-4928	53	9	,	,	PUNCT
fueconorg-4928	53	10	the	the	DET
fueconorg-4928	53	11	possibility	possibility	NOUN
fueconorg-4928	53	12	of	of	ADP
fueconorg-4928	53	13	creating	create	VERB
fueconorg-4928	53	14	liquidity	liquidity	NOUN
fueconorg-4928	53	15	and	and	CCONJ
fueconorg-4928	53	16	credit	credit	NOUN
fueconorg-4928	53	17	risks	risk	NOUN
fueconorg-4928	53	18	is	be	AUX
fueconorg-4928	53	19	diminished	diminish	VERB
fueconorg-4928	53	20	,	,	PUNCT
fueconorg-4928	53	21	and	and	CCONJ
fueconorg-4928	53	22	the	the	DET
fueconorg-4928	53	23	time	time	NOUN
fueconorg-4928	53	24	required	require	VERB
fueconorg-4928	53	25	for	for	ADP
fueconorg-4928	53	26	the	the	DET
fueconorg-4928	53	27	completion	completion	NOUN
fueconorg-4928	53	28	of	of	ADP
fueconorg-4928	53	29	the	the	DET
fueconorg-4928	53	30	entire	entire	ADJ
fueconorg-4928	53	31	process	process	NOUN
fueconorg-4928	53	32	is	be	AUX
fueconorg-4928	53	33	shortened	shorten	VERB
fueconorg-4928	53	34	.	.	PUNCT
fueconorg-4928	54	1	in	in	ADP
fueconorg-4928	54	2	addition	addition	NOUN
fueconorg-4928	54	3	,	,	PUNCT
fueconorg-4928	54	4	immobilization	immobilization	NOUN
fueconorg-4928	54	5	prevented	prevent	VERB
fueconorg-4928	54	6	the	the	DET
fueconorg-4928	54	7	risk	risk	NOUN
fueconorg-4928	54	8	of	of	ADP
fueconorg-4928	54	9	losing	lose	VERB
fueconorg-4928	54	10	or	or	CCONJ
fueconorg-4928	54	11	stealing	steal	VERB
fueconorg-4928	54	12	financial	financial	ADJ
fueconorg-4928	54	13	instruments	instrument	NOUN
fueconorg-4928	54	14	(	(	PUNCT
fueconorg-4928	54	15	kanzaki	kanzaki	PROPN
fueconorg-4928	54	16	,	,	PUNCT
fueconorg-4928	54	17	1981	1981	NUM
fueconorg-4928	54	18	,	,	PUNCT
fueconorg-4928	54	19	pp	pp	ADJ
fueconorg-4928	54	20	.	.	PUNCT
fueconorg-4928	54	21	115	115	NUM
fueconorg-4928	54	22	)	)	PUNCT
fueconorg-4928	54	23	.	.	PUNCT
fueconorg-4928	55	1	the	the	DET
fueconorg-4928	55	2	following	follow	VERB
fueconorg-4928	55	3	step	step	NOUN
fueconorg-4928	55	4	in	in	ADP
fueconorg-4928	55	5	handling	handle	VERB
fueconorg-4928	55	6	stock	stock	NOUN
fueconorg-4928	55	7	is	be	AUX
fueconorg-4928	55	8	dematerialization	dematerialization	NOUN
fueconorg-4928	55	9	during	during	ADP
fueconorg-4928	55	10	which	which	PRON
fueconorg-4928	55	11	immobilized	immobilize	VERB
fueconorg-4928	55	12	instruments	instrument	NOUN
fueconorg-4928	55	13	completely	completely	ADV
fueconorg-4928	55	14	lose	lose	VERB
fueconorg-4928	55	15	their	their	PRON
fueconorg-4928	55	16	physical	physical	ADJ
fueconorg-4928	55	17	form	form	NOUN
fueconorg-4928	55	18	.	.	PUNCT
fueconorg-4928	56	1	shares	share	NOUN
fueconorg-4928	56	2	lose	lose	VERB
fueconorg-4928	56	3	their	their	PRON
fueconorg-4928	56	4	physical	physical	ADJ
fueconorg-4928	56	5	form	form	NOUN
fueconorg-4928	56	6	and	and	CCONJ
fueconorg-4928	56	7	become	become	VERB
fueconorg-4928	56	8	electronic	electronic	ADJ
fueconorg-4928	56	9	records	record	NOUN
fueconorg-4928	56	10	on	on	ADP
fueconorg-4928	56	11	the	the	DET
fueconorg-4928	56	12	owner	owner	NOUN
fueconorg-4928	56	13	’s	’s	PART
fueconorg-4928	56	14	account	account	NOUN
fueconorg-4928	56	15	at	at	ADP
fueconorg-4928	56	16	the	the	DET
fueconorg-4928	56	17	central	central	ADJ
fueconorg-4928	56	18	depository	depository	NOUN
fueconorg-4928	56	19	.	.	PUNCT
fueconorg-4928	57	1	stock	stock	NOUN
fueconorg-4928	57	2	trading	trading	NOUN
fueconorg-4928	57	3	started	start	VERB
fueconorg-4928	57	4	to	to	PART
fueconorg-4928	57	5	take	take	VERB
fueconorg-4928	57	6	the	the	DET
fueconorg-4928	57	7	form	form	NOUN
fueconorg-4928	57	8	of	of	ADP
fueconorg-4928	57	9	mechanisms	mechanism	NOUN
fueconorg-4928	57	10	of	of	ADP
fueconorg-4928	57	11	cashless	cashless	NOUN
fueconorg-4928	57	12	transactions	transaction	NOUN
fueconorg-4928	57	13	,	,	PUNCT
fueconorg-4928	57	14	where	where	SCONJ
fueconorg-4928	57	15	,	,	PUNCT
fueconorg-4928	57	16	instead	instead	ADV
fueconorg-4928	57	17	of	of	ADP
fueconorg-4928	57	18	regulating	regulate	VERB
fueconorg-4928	57	19	debtor	debtor	NOUN
fueconorg-4928	57	20	-	-	PUNCT
fueconorg-4928	57	21	creditor	creditor	NOUN
fueconorg-4928	57	22	relations	relation	NOUN
fueconorg-4928	57	23	,	,	PUNCT
fueconorg-4928	57	24	ownership	ownership	NOUN
fueconorg-4928	57	25	relations	relation	NOUN
fueconorg-4928	57	26	are	be	AUX
fueconorg-4928	57	27	regulated	regulate	VERB
fueconorg-4928	57	28	(	(	PUNCT
fueconorg-4928	57	29	vuksanović	vuksanović	NOUN
fueconorg-4928	57	30	,	,	PUNCT
fueconorg-4928	57	31	2009	2009	NUM
fueconorg-4928	57	32	,	,	PUNCT
fueconorg-4928	57	33	p.	p.	NOUN
fueconorg-4928	57	34	225	225	NUM
fueconorg-4928	57	35	)	)	PUNCT
fueconorg-4928	57	36	.	.	PUNCT
fueconorg-4928	58	1	the	the	DET
fueconorg-4928	58	2	final	final	ADJ
fueconorg-4928	58	3	outcome	outcome	NOUN
fueconorg-4928	58	4	was	be	AUX
fueconorg-4928	58	5	the	the	DET
fueconorg-4928	58	6	reduction	reduction	NOUN
fueconorg-4928	58	7	of	of	ADP
fueconorg-4928	58	8	the	the	DET
fueconorg-4928	58	9	needed	need	VERB
fueconorg-4928	58	10	number	number	NOUN
fueconorg-4928	58	11	of	of	ADP
fueconorg-4928	58	12	employees	employee	NOUN
fueconorg-4928	58	13	in	in	ADP
fueconorg-4928	58	14	stock	stock	NOUN
fueconorg-4928	58	15	companies	company	NOUN
fueconorg-4928	58	16	,	,	PUNCT
fueconorg-4928	58	17	faster	fast	ADJ
fueconorg-4928	58	18	distribution	distribution	NOUN
fueconorg-4928	58	19	of	of	ADP
fueconorg-4928	58	20	information	information	NOUN
fueconorg-4928	58	21	and	and	CCONJ
fueconorg-4928	58	22	easier	easy	ADJ
fueconorg-4928	58	23	order	order	NOUN
fueconorg-4928	58	24	matching	match	VERB
fueconorg-4928	58	25	.	.	PUNCT
fueconorg-4928	59	1	a	a	DET
fueconorg-4928	59	2	number	number	NOUN
fueconorg-4928	59	3	of	of	ADP
fueconorg-4928	59	4	computer	computer	NOUN
fueconorg-4928	59	5	softwares	software	NOUN
fueconorg-4928	59	6	were	be	AUX
fueconorg-4928	59	7	developed	develop	VERB
fueconorg-4928	59	8	for	for	ADP
fueconorg-4928	59	9	the	the	DET
fueconorg-4928	59	10	purpose	purpose	NOUN
fueconorg-4928	59	11	of	of	ADP
fueconorg-4928	59	12	analyzing	analyze	VERB
fueconorg-4928	59	13	the	the	DET
fueconorg-4928	59	14	performed	perform	VERB
fueconorg-4928	59	15	transactions	transaction	NOUN
fueconorg-4928	59	16	and	and	CCONJ
fueconorg-4928	59	17	predicting	predict	VERB
fueconorg-4928	59	18	future	future	ADJ
fueconorg-4928	59	19	trends	trend	NOUN
fueconorg-4928	59	20	.	.	PUNCT
fueconorg-4928	60	1	however	however	ADV
fueconorg-4928	60	2	,	,	PUNCT
fueconorg-4928	60	3	regardless	regardless	ADV
fueconorg-4928	60	4	of	of	ADP
fueconorg-4928	60	5	the	the	DET
fueconorg-4928	60	6	logistic	logistic	ADJ
fueconorg-4928	60	7	support	support	NOUN
fueconorg-4928	60	8	provided	provide	VERB
fueconorg-4928	60	9	by	by	ADP
fueconorg-4928	60	10	the	the	DET
fueconorg-4928	60	11	use	use	NOUN
fueconorg-4928	60	12	of	of	ADP
fueconorg-4928	60	13	ict	ict	PROPN
fueconorg-4928	60	14	,	,	PUNCT
fueconorg-4928	60	15	the	the	DET
fueconorg-4928	60	16	decisions	decision	NOUN
fueconorg-4928	60	17	on	on	ADP
fueconorg-4928	60	18	trading	trading	NOUN
fueconorg-4928	60	19	were	be	AUX
fueconorg-4928	60	20	still	still	ADV
fueconorg-4928	60	21	made	make	VERB
fueconorg-4928	60	22	by	by	ADP
fueconorg-4928	60	23	traders	trader	NOUN
fueconorg-4928	60	24	.	.	PUNCT
fueconorg-4928	61	1	innovation	innovation	NOUN
fueconorg-4928	61	2	of	of	ADP
fueconorg-4928	61	3	the	the	DET
fueconorg-4928	61	4	activities	activity	NOUN
fueconorg-4928	61	5	that	that	PRON
fueconorg-4928	61	6	have	have	AUX
fueconorg-4928	61	7	played	play	VERB
fueconorg-4928	61	8	a	a	DET
fueconorg-4928	61	9	logistic	logistic	ADJ
fueconorg-4928	61	10	role	role	NOUN
fueconorg-4928	61	11	in	in	ADP
fueconorg-4928	61	12	the	the	DET
fueconorg-4928	61	13	trading	trading	NOUN
fueconorg-4928	61	14	process	process	NOUN
fueconorg-4928	61	15	has	have	AUX
fueconorg-4928	61	16	created	create	VERB
fueconorg-4928	61	17	the	the	DET
fueconorg-4928	61	18	conditions	condition	NOUN
fueconorg-4928	61	19	for	for	ADP
fueconorg-4928	61	20	changing	change	VERB
fueconorg-4928	61	21	the	the	DET
fueconorg-4928	61	22	approach	approach	NOUN
fueconorg-4928	61	23	to	to	ADP
fueconorg-4928	61	24	the	the	DET
fueconorg-4928	61	25	process	process	NOUN
fueconorg-4928	61	26	of	of	ADP
fueconorg-4928	61	27	trading	trading	NOUN
fueconorg-4928	61	28	.	.	PUNCT
fueconorg-4928	62	1	the	the	DET
fueconorg-4928	62	2	possibility	possibility	NOUN
fueconorg-4928	62	3	of	of	ADP
fueconorg-4928	62	4	a	a	DET
fueconorg-4928	62	5	very	very	ADV
fueconorg-4928	62	6	fast	fast	ADJ
fueconorg-4928	62	7	distribution	distribution	NOUN
fueconorg-4928	62	8	of	of	ADP
fueconorg-4928	62	9	information	information	NOUN
fueconorg-4928	62	10	and	and	CCONJ
fueconorg-4928	62	11	its	its	PRON
fueconorg-4928	62	12	incorporation	incorporation	NOUN
fueconorg-4928	62	13	into	into	ADP
fueconorg-4928	62	14	predictions	prediction	NOUN
fueconorg-4928	62	15	put	put	VERB
fueconorg-4928	62	16	once	once	ADV
fueconorg-4928	62	17	again	again	ADV
fueconorg-4928	62	18	the	the	DET
fueconorg-4928	62	19	speed	speed	NOUN
fueconorg-4928	62	20	of	of	ADP
fueconorg-4928	62	21	reaction	reaction	NOUN
fueconorg-4928	62	22	into	into	ADP
fueconorg-4928	62	23	the	the	DET
fueconorg-4928	62	24	focus	focus	NOUN
fueconorg-4928	62	25	of	of	ADP
fueconorg-4928	62	26	the	the	DET
fueconorg-4928	62	27	problem	problem	NOUN
fueconorg-4928	62	28	.	.	PUNCT
fueconorg-4928	63	1	traders	trader	NOUN
fueconorg-4928	63	2	realized	realize	VERB
fueconorg-4928	63	3	that	that	SCONJ
fueconorg-4928	63	4	,	,	PUNCT
fueconorg-4928	63	5	if	if	SCONJ
fueconorg-4928	63	6	properly	properly	ADV
fueconorg-4928	63	7	programmed	program	VERB
fueconorg-4928	63	8	,	,	PUNCT
fueconorg-4928	63	9	computer	computer	NOUN
fueconorg-4928	63	10	systems	system	NOUN
fueconorg-4928	63	11	,	,	PUNCT
fueconorg-4928	63	12	being	be	AUX
fueconorg-4928	63	13	deprived	deprive	VERB
fueconorg-4928	63	14	of	of	ADP
fueconorg-4928	63	15	deconcentration	deconcentration	NOUN
fueconorg-4928	63	16	and	and	CCONJ
fueconorg-4928	63	17	hesitation	hesitation	NOUN
fueconorg-4928	63	18	,	,	PUNCT
fueconorg-4928	63	19	were	be	AUX
fueconorg-4928	63	20	able	able	ADJ
fueconorg-4928	63	21	to	to	PART
fueconorg-4928	63	22	eliminate	eliminate	VERB
fueconorg-4928	63	23	the	the	DET
fueconorg-4928	63	24	problem	problem	NOUN
fueconorg-4928	63	25	of	of	ADP
fueconorg-4928	63	26	slow	slow	ADJ
fueconorg-4928	63	27	reaction	reaction	NOUN
fueconorg-4928	63	28	.	.	PUNCT
fueconorg-4928	64	1	258	258	NUM
fueconorg-4928	64	2	v.	v.	ADP
fueconorg-4928	64	3	todorović	todorović	PROPN
fueconorg-4928	64	4	,	,	PUNCT
fueconorg-4928	64	5	a.	a.	NOUN
fueconorg-4928	64	6	pešterac	pešterac	PROPN
fueconorg-4928	64	7	,	,	PUNCT
fueconorg-4928	64	8	n.	n.	NOUN
fueconorg-4928	64	9	tomić	tomić	NOUN
fueconorg-4928	64	10	2	2	NUM
fueconorg-4928	64	11	.	.	PUNCT
fueconorg-4928	64	12	automated	automate	VERB
fueconorg-4928	64	13	trading	trading	NOUN
fueconorg-4928	64	14	systems	system	NOUN
fueconorg-4928	64	15	managing	manage	VERB
fueconorg-4928	64	16	trading	trading	NOUN
fueconorg-4928	64	17	orders	order	NOUN
fueconorg-4928	64	18	without	without	ADP
fueconorg-4928	64	19	direct	direct	ADJ
fueconorg-4928	64	20	human	human	ADJ
fueconorg-4928	64	21	intervention	intervention	NOUN
fueconorg-4928	64	22	has	have	AUX
fueconorg-4928	64	23	become	become	VERB
fueconorg-4928	64	24	a	a	DET
fueconorg-4928	64	25	daily	daily	ADJ
fueconorg-4928	64	26	routine	routine	NOUN
fueconorg-4928	64	27	in	in	ADP
fueconorg-4928	64	28	global	global	ADJ
fueconorg-4928	64	29	financial	financial	ADJ
fueconorg-4928	64	30	markets	market	NOUN
fueconorg-4928	64	31	.	.	PUNCT
fueconorg-4928	65	1	the	the	DET
fueconorg-4928	65	2	roles	role	NOUN
fueconorg-4928	65	3	of	of	ADP
fueconorg-4928	65	4	traders	trader	NOUN
fueconorg-4928	65	5	have	have	AUX
fueconorg-4928	65	6	been	be	AUX
fueconorg-4928	65	7	taken	take	VERB
fueconorg-4928	65	8	over	over	ADP
fueconorg-4928	65	9	by	by	ADP
fueconorg-4928	65	10	computer	computer	NOUN
fueconorg-4928	65	11	algorithms	algorithm	NOUN
fueconorg-4928	65	12	,	,	PUNCT
fueconorg-4928	65	13	which	which	PRON
fueconorg-4928	65	14	automatically	automatically	ADV
fueconorg-4928	65	15	make	make	VERB
fueconorg-4928	65	16	decisions	decision	NOUN
fueconorg-4928	65	17	about	about	ADP
fueconorg-4928	65	18	offers	offer	NOUN
fueconorg-4928	65	19	,	,	PUNCT
fueconorg-4928	65	20	send	send	VERB
fueconorg-4928	65	21	orders	order	NOUN
fueconorg-4928	65	22	and	and	CCONJ
fueconorg-4928	65	23	manage	manage	VERB
fueconorg-4928	65	24	them	they	PRON
fueconorg-4928	65	25	(	(	PUNCT
fueconorg-4928	65	26	kaya	kaya	PROPN
fueconorg-4928	65	27	,	,	PUNCT
fueconorg-4928	65	28	2016	2016	NUM
fueconorg-4928	65	29	)	)	PUNCT
fueconorg-4928	65	30	.	.	PUNCT
fueconorg-4928	66	1	having	having	AUX
fueconorg-4928	66	2	noted	note	VERB
fueconorg-4928	66	3	a	a	DET
fueconorg-4928	66	4	favorable	favorable	ADJ
fueconorg-4928	66	5	opportunity	opportunity	NOUN
fueconorg-4928	66	6	at	at	ADP
fueconorg-4928	66	7	the	the	DET
fueconorg-4928	66	8	market	market	NOUN
fueconorg-4928	66	9	,	,	PUNCT
fueconorg-4928	66	10	automated	automate	VERB
fueconorg-4928	66	11	trading	trading	NOUN
fueconorg-4928	66	12	systems	system	NOUN
fueconorg-4928	66	13	supported	support	VERB
fueconorg-4928	66	14	by	by	ADP
fueconorg-4928	66	15	appropriate	appropriate	ADJ
fueconorg-4928	66	16	software	software	NOUN
fueconorg-4928	66	17	packages	package	NOUN
fueconorg-4928	66	18	independently	independently	ADV
fueconorg-4928	66	19	carry	carry	VERB
fueconorg-4928	66	20	out	out	ADP
fueconorg-4928	66	21	transactions	transaction	NOUN
fueconorg-4928	66	22	of	of	ADP
fueconorg-4928	66	23	buying	buy	VERB
fueconorg-4928	66	24	and	and	CCONJ
fueconorg-4928	66	25	selling	sell	VERB
fueconorg-4928	66	26	a	a	DET
fueconorg-4928	66	27	certain	certain	ADJ
fueconorg-4928	66	28	currency	currency	NOUN
fueconorg-4928	66	29	pair	pair	NOUN
fueconorg-4928	66	30	,	,	PUNCT
fueconorg-4928	66	31	shares	share	NOUN
fueconorg-4928	66	32	or	or	CCONJ
fueconorg-4928	66	33	commodities	commodity	NOUN
fueconorg-4928	66	34	.	.	PUNCT
fueconorg-4928	67	1	despite	despite	SCONJ
fueconorg-4928	67	2	the	the	DET
fueconorg-4928	67	3	positive	positive	ADJ
fueconorg-4928	67	4	effects	effect	NOUN
fueconorg-4928	67	5	attributed	attribute	VERB
fueconorg-4928	67	6	to	to	ADP
fueconorg-4928	67	7	them	they	PRON
fueconorg-4928	67	8	,	,	PUNCT
fueconorg-4928	67	9	venkataraman	venkataraman	NOUN
fueconorg-4928	67	10	(	(	PUNCT
fueconorg-4928	67	11	2001	2001	NUM
fueconorg-4928	67	12	)	)	PUNCT
fueconorg-4928	67	13	maintains	maintain	VERB
fueconorg-4928	67	14	that	that	SCONJ
fueconorg-4928	67	15	it	it	PRON
fueconorg-4928	67	16	is	be	AUX
fueconorg-4928	67	17	impossible	impossible	ADJ
fueconorg-4928	67	18	to	to	PART
fueconorg-4928	67	19	completely	completely	ADV
fueconorg-4928	67	20	replace	replace	VERB
fueconorg-4928	67	21	some	some	PRON
fueconorg-4928	67	22	of	of	ADP
fueconorg-4928	67	23	the	the	DET
fueconorg-4928	67	24	benefits	benefit	NOUN
fueconorg-4928	67	25	of	of	ADP
fueconorg-4928	67	26	human	human	ADJ
fueconorg-4928	67	27	intervention	intervention	NOUN
fueconorg-4928	67	28	in	in	ADP
fueconorg-4928	67	29	trade	trade	NOUN
fueconorg-4928	67	30	market	market	NOUN
fueconorg-4928	67	31	.	.	PUNCT
fueconorg-4928	68	1	he	he	PRON
fueconorg-4928	68	2	emphasizes	emphasize	VERB
fueconorg-4928	68	3	that	that	SCONJ
fueconorg-4928	68	4	the	the	DET
fueconorg-4928	68	5	choice	choice	NOUN
fueconorg-4928	68	6	of	of	ADP
fueconorg-4928	68	7	a	a	DET
fueconorg-4928	68	8	trading	trading	NOUN
fueconorg-4928	68	9	mechanism	mechanism	NOUN
fueconorg-4928	68	10	should	should	AUX
fueconorg-4928	68	11	involve	involve	VERB
fueconorg-4928	68	12	the	the	DET
fueconorg-4928	68	13	creation	creation	NOUN
fueconorg-4928	68	14	of	of	ADP
fueconorg-4928	68	15	a	a	DET
fueconorg-4928	68	16	compromise	compromise	NOUN
fueconorg-4928	68	17	solution	solution	NOUN
fueconorg-4928	68	18	between	between	ADP
fueconorg-4928	68	19	higher	high	ADJ
fueconorg-4928	68	20	operating	operating	NOUN
fueconorg-4928	68	21	costs	cost	NOUN
fueconorg-4928	68	22	and	and	CCONJ
fueconorg-4928	68	23	potentially	potentially	ADV
fueconorg-4928	68	24	better	well	ADJ
fueconorg-4928	68	25	order	order	NOUN
fueconorg-4928	68	26	execution	execution	NOUN
fueconorg-4928	68	27	in	in	ADP
fueconorg-4928	68	28	the	the	DET
fueconorg-4928	68	29	presence	presence	NOUN
fueconorg-4928	68	30	of	of	ADP
fueconorg-4928	68	31	a	a	DET
fueconorg-4928	68	32	floor	floor	NOUN
fueconorg-4928	68	33	broker	broker	NOUN
fueconorg-4928	68	34	.	.	PUNCT
fueconorg-4928	69	1	the	the	DET
fueconorg-4928	69	2	process	process	NOUN
fueconorg-4928	69	3	of	of	ADP
fueconorg-4928	69	4	trading	trading	NOUN
fueconorg-4928	69	5	in	in	ADP
fueconorg-4928	69	6	the	the	DET
fueconorg-4928	69	7	financial	financial	ADJ
fueconorg-4928	69	8	market	market	NOUN
fueconorg-4928	69	9	has	have	AUX
fueconorg-4928	69	10	been	be	AUX
fueconorg-4928	69	11	altered	alter	VERB
fueconorg-4928	69	12	forever	forever	ADV
fueconorg-4928	69	13	by	by	ADP
fueconorg-4928	69	14	the	the	DET
fueconorg-4928	69	15	use	use	NOUN
fueconorg-4928	69	16	of	of	ADP
fueconorg-4928	69	17	computer	computer	NOUN
fueconorg-4928	69	18	technology	technology	NOUN
fueconorg-4928	69	19	.	.	PUNCT
fueconorg-4928	70	1	computers	computer	NOUN
fueconorg-4928	70	2	can	can	AUX
fueconorg-4928	70	3	now	now	ADV
fueconorg-4928	70	4	independently	independently	ADV
fueconorg-4928	70	5	carry	carry	VERB
fueconorg-4928	70	6	out	out	ADP
fueconorg-4928	70	7	all	all	DET
fueconorg-4928	70	8	the	the	DET
fueconorg-4928	70	9	activities	activity	NOUN
fueconorg-4928	70	10	or	or	CCONJ
fueconorg-4928	70	11	give	give	VERB
fueconorg-4928	70	12	signals	signal	NOUN
fueconorg-4928	70	13	for	for	ADP
fueconorg-4928	70	14	buying	buying	NOUN
fueconorg-4928	70	15	or	or	CCONJ
fueconorg-4928	70	16	selling	selling	NOUN
fueconorg-4928	70	17	,	,	PUNCT
fueconorg-4928	70	18	while	while	SCONJ
fueconorg-4928	70	19	the	the	DET
fueconorg-4928	70	20	decisions	decision	NOUN
fueconorg-4928	70	21	are	be	AUX
fueconorg-4928	70	22	made	make	VERB
fueconorg-4928	70	23	by	by	ADP
fueconorg-4928	70	24	the	the	DET
fueconorg-4928	70	25	trader	trader	NOUN
fueconorg-4928	70	26	.	.	PUNCT
fueconorg-4928	71	1	there	there	PRON
fueconorg-4928	71	2	are	be	VERB
fueconorg-4928	71	3	differences	difference	NOUN
fueconorg-4928	71	4	between	between	ADP
fueconorg-4928	71	5	electronic	electronic	ADJ
fueconorg-4928	71	6	,	,	PUNCT
fueconorg-4928	71	7	algorithmic	algorithmic	ADJ
fueconorg-4928	71	8	and	and	CCONJ
fueconorg-4928	71	9	high	high	ADJ
fueconorg-4928	71	10	-	-	PUNCT
fueconorg-4928	71	11	frequency	frequency	NOUN
fueconorg-4928	71	12	trading	trading	NOUN
fueconorg-4928	71	13	.	.	PUNCT
fueconorg-4928	72	1	within	within	ADP
fueconorg-4928	72	2	electronic	electronic	ADJ
fueconorg-4928	72	3	trading	trading	NOUN
fueconorg-4928	72	4	,	,	PUNCT
fueconorg-4928	72	5	a	a	DET
fueconorg-4928	72	6	person	person	NOUN
fueconorg-4928	72	7	makes	make	VERB
fueconorg-4928	72	8	decisions	decision	NOUN
fueconorg-4928	72	9	about	about	ADP
fueconorg-4928	72	10	the	the	DET
fueconorg-4928	72	11	purchase	purchase	NOUN
fueconorg-4928	72	12	,	,	PUNCT
fueconorg-4928	72	13	but	but	CCONJ
fueconorg-4928	72	14	he	he	PRON
fueconorg-4928	72	15	/	/	PRON
fueconorg-4928	73	1	she	she	PRON
fueconorg-4928	73	2	does	do	AUX
fueconorg-4928	73	3	not	not	PART
fueconorg-4928	73	4	send	send	VERB
fueconorg-4928	73	5	the	the	DET
fueconorg-4928	73	6	orders	order	NOUN
fueconorg-4928	73	7	personally	personally	ADV
fueconorg-4928	73	8	or	or	CCONJ
fueconorg-4928	73	9	by	by	ADP
fueconorg-4928	73	10	telephone	telephone	NOUN
fueconorg-4928	73	11	,	,	PUNCT
fueconorg-4928	73	12	but	but	CCONJ
fueconorg-4928	73	13	via	via	ADP
fueconorg-4928	73	14	the	the	DET
fueconorg-4928	73	15	electronic	electronic	ADJ
fueconorg-4928	73	16	system	system	NOUN
fueconorg-4928	73	17	.	.	PUNCT
fueconorg-4928	74	1	algorithmic	algorithmic	ADJ
fueconorg-4928	74	2	trading	trading	NOUN
fueconorg-4928	74	3	involves	involve	VERB
fueconorg-4928	74	4	computer	computer	NOUN
fueconorg-4928	74	5	execution	execution	NOUN
fueconorg-4928	74	6	of	of	ADP
fueconorg-4928	74	7	sales	sale	NOUN
fueconorg-4928	74	8	transactions	transaction	NOUN
fueconorg-4928	74	9	,	,	PUNCT
fueconorg-4928	74	10	in	in	ADP
fueconorg-4928	74	11	which	which	PRON
fueconorg-4928	74	12	computers	computer	NOUN
fueconorg-4928	74	13	use	use	VERB
fueconorg-4928	74	14	the	the	DET
fueconorg-4928	74	15	parameters	parameter	NOUN
fueconorg-4928	74	16	of	of	ADP
fueconorg-4928	74	17	a	a	DET
fueconorg-4928	74	18	predefined	predefine	VERB
fueconorg-4928	74	19	algorithm	algorithm	NOUN
fueconorg-4928	74	20	to	to	PART
fueconorg-4928	74	21	make	make	VERB
fueconorg-4928	74	22	a	a	DET
fueconorg-4928	74	23	decision	decision	NOUN
fueconorg-4928	74	24	on	on	ADP
fueconorg-4928	74	25	a	a	DET
fueconorg-4928	74	26	trading	trading	NOUN
fueconorg-4928	74	27	instrument	instrument	NOUN
fueconorg-4928	74	28	,	,	PUNCT
fueconorg-4928	74	29	moment	moment	NOUN
fueconorg-4928	74	30	and	and	CCONJ
fueconorg-4928	74	31	quantity	quantity	NOUN
fueconorg-4928	74	32	(	(	PUNCT
fueconorg-4928	74	33	sajter	sajter	NOUN
fueconorg-4928	74	34	,	,	PUNCT
fueconorg-4928	74	35	2013	2013	NUM
fueconorg-4928	74	36	,	,	PUNCT
fueconorg-4928	74	37	pp	pp	ADJ
fueconorg-4928	74	38	.	.	PUNCT
fueconorg-4928	74	39	322	322	NUM
fueconorg-4928	74	40	)	)	PUNCT
fueconorg-4928	74	41	.	.	PUNCT
fueconorg-4928	75	1	in	in	ADP
fueconorg-4928	75	2	algorithmic	algorithmic	ADJ
fueconorg-4928	75	3	trading	trading	NOUN
fueconorg-4928	75	4	,	,	PUNCT
fueconorg-4928	75	5	computer	computer	NOUN
fueconorg-4928	75	6	algorithms	algorithm	NOUN
fueconorg-4928	75	7	not	not	PART
fueconorg-4928	75	8	only	only	ADV
fueconorg-4928	75	9	distribute	distribute	VERB
fueconorg-4928	75	10	orders	order	NOUN
fueconorg-4928	75	11	,	,	PUNCT
fueconorg-4928	75	12	but	but	CCONJ
fueconorg-4928	75	13	also	also	ADV
fueconorg-4928	75	14	make	make	VERB
fueconorg-4928	75	15	decisions	decision	NOUN
fueconorg-4928	75	16	about	about	ADP
fueconorg-4928	75	17	the	the	DET
fueconorg-4928	75	18	moment	moment	NOUN
fueconorg-4928	75	19	and	and	CCONJ
fueconorg-4928	75	20	amount	amount	NOUN
fueconorg-4928	75	21	of	of	ADP
fueconorg-4928	75	22	their	their	PRON
fueconorg-4928	75	23	execution	execution	NOUN
fueconorg-4928	75	24	(	(	PUNCT
fueconorg-4928	75	25	aldridge	aldridge	PROPN
fueconorg-4928	75	26	,	,	PUNCT
fueconorg-4928	75	27	2013	2013	NUM
fueconorg-4928	75	28	,	,	PUNCT
fueconorg-4928	75	29	pp	pp	ADJ
fueconorg-4928	75	30	.	.	PUNCT
fueconorg-4928	76	1	10	10	NUM
fueconorg-4928	76	2	-	-	SYM
fueconorg-4928	76	3	11	11	NUM
fueconorg-4928	76	4	)	)	PUNCT
fueconorg-4928	76	5	.	.	PUNCT
fueconorg-4928	77	1	one	one	NUM
fueconorg-4928	77	2	of	of	ADP
fueconorg-4928	77	3	the	the	DET
fueconorg-4928	77	4	first	first	ADJ
fueconorg-4928	77	5	attempts	attempt	NOUN
fueconorg-4928	77	6	to	to	PART
fueconorg-4928	77	7	define	define	VERB
fueconorg-4928	77	8	high	high	ADJ
fueconorg-4928	77	9	-	-	PUNCT
fueconorg-4928	77	10	frequency	frequency	NOUN
fueconorg-4928	77	11	trading	trading	NOUN
fueconorg-4928	77	12	in	in	ADP
fueconorg-4928	77	13	europe	europe	PROPN
fueconorg-4928	77	14	was	be	AUX
fueconorg-4928	77	15	done	do	VERB
fueconorg-4928	77	16	by	by	ADP
fueconorg-4928	77	17	the	the	DET
fueconorg-4928	77	18	european	european	PROPN
fueconorg-4928	77	19	securities	securities	PROPN
fueconorg-4928	77	20	markets	market	NOUN
fueconorg-4928	77	21	authority	authority	NOUN
fueconorg-4928	77	22	.	.	PUNCT
fueconorg-4928	78	1	this	this	DET
fueconorg-4928	78	2	organization	organization	NOUN
fueconorg-4928	78	3	points	point	VERB
fueconorg-4928	78	4	out	out	ADP
fueconorg-4928	78	5	that	that	SCONJ
fueconorg-4928	78	6	high	high	ADJ
fueconorg-4928	78	7	-	-	PUNCT
fueconorg-4928	78	8	frequency	frequency	NOUN
fueconorg-4928	78	9	trading	trading	NOUN
fueconorg-4928	78	10	involves	involve	VERB
fueconorg-4928	78	11	trading	trading	NOUN
fueconorg-4928	78	12	in	in	ADP
fueconorg-4928	78	13	a	a	DET
fueconorg-4928	78	14	very	very	ADV
fueconorg-4928	78	15	short	short	ADJ
fueconorg-4928	78	16	period	period	NOUN
fueconorg-4928	78	17	of	of	ADP
fueconorg-4928	78	18	time	time	NOUN
fueconorg-4928	78	19	with	with	ADP
fueconorg-4928	78	20	low	low	ADJ
fueconorg-4928	78	21	price	price	NOUN
fueconorg-4928	78	22	differences	difference	NOUN
fueconorg-4928	78	23	where	where	SCONJ
fueconorg-4928	78	24	the	the	DET
fueconorg-4928	78	25	dominant	dominant	ADJ
fueconorg-4928	78	26	focus	focus	NOUN
fueconorg-4928	78	27	is	be	AUX
fueconorg-4928	78	28	on	on	ADP
fueconorg-4928	78	29	highly	highly	ADV
fueconorg-4928	78	30	liquid	liquid	ADJ
fueconorg-4928	78	31	instruments	instrument	NOUN
fueconorg-4928	78	32	,	,	PUNCT
fueconorg-4928	78	33	and	and	CCONJ
fueconorg-4928	78	34	the	the	DET
fueconorg-4928	78	35	ultimate	ultimate	ADJ
fueconorg-4928	78	36	goal	goal	NOUN
fueconorg-4928	78	37	is	be	AUX
fueconorg-4928	78	38	to	to	PART
fueconorg-4928	78	39	close	close	VERB
fueconorg-4928	78	40	all	all	DET
fueconorg-4928	78	41	open	open	ADJ
fueconorg-4928	78	42	positions	position	NOUN
fueconorg-4928	78	43	at	at	ADP
fueconorg-4928	78	44	the	the	DET
fueconorg-4928	78	45	end	end	NOUN
fueconorg-4928	78	46	of	of	ADP
fueconorg-4928	78	47	a	a	DET
fueconorg-4928	78	48	business	business	NOUN
fueconorg-4928	78	49	day	day	NOUN
fueconorg-4928	78	50	(	(	PUNCT
fueconorg-4928	78	51	gregoriou	gregoriou	NOUN
fueconorg-4928	78	52	,	,	PUNCT
fueconorg-4928	78	53	2015	2015	NUM
fueconorg-4928	78	54	,	,	PUNCT
fueconorg-4928	78	55	pp	pp	ADJ
fueconorg-4928	78	56	.	.	PUNCT
fueconorg-4928	78	57	159	159	NUM
fueconorg-4928	78	58	)	)	PUNCT
fueconorg-4928	78	59	.	.	PUNCT
fueconorg-4928	79	1	the	the	DET
fueconorg-4928	79	2	main	main	ADJ
fueconorg-4928	79	3	advantage	advantage	NOUN
fueconorg-4928	79	4	of	of	ADP
fueconorg-4928	79	5	high	high	ADJ
fueconorg-4928	79	6	-	-	PUNCT
fueconorg-4928	79	7	frequency	frequency	NOUN
fueconorg-4928	79	8	trading	trading	NOUN
fueconorg-4928	79	9	is	be	AUX
fueconorg-4928	79	10	that	that	SCONJ
fueconorg-4928	79	11	they	they	PRON
fueconorg-4928	79	12	can	can	AUX
fueconorg-4928	79	13	spot	spot	VERB
fueconorg-4928	79	14	price	price	NOUN
fueconorg-4928	79	15	discrepancy	discrepancy	NOUN
fueconorg-4928	79	16	and	and	CCONJ
fueconorg-4928	79	17	execute	execute	VERB
fueconorg-4928	79	18	a	a	DET
fueconorg-4928	79	19	trade	trade	NOUN
fueconorg-4928	79	20	much	much	ADV
fueconorg-4928	79	21	faster	fast	ADV
fueconorg-4928	79	22	than	than	ADP
fueconorg-4928	79	23	traders	trader	NOUN
fueconorg-4928	79	24	with	with	ADP
fueconorg-4928	79	25	limited	limited	ADJ
fueconorg-4928	79	26	cognitive	cognitive	ADJ
fueconorg-4928	79	27	abilities	ability	NOUN
fueconorg-4928	79	28	(	(	PUNCT
fueconorg-4928	79	29	das	das	PROPN
fueconorg-4928	79	30	&	&	CCONJ
fueconorg-4928	79	31	kadapakkam	kadapakkam	PROPN
fueconorg-4928	79	32	,	,	PUNCT
fueconorg-4928	79	33	2018	2018	NUM
fueconorg-4928	79	34	,	,	PUNCT
fueconorg-4928	79	35	pp	pp	ADJ
fueconorg-4928	79	36	.	.	PUNCT
fueconorg-4928	79	37	4	4	NUM
fueconorg-4928	79	38	)	)	PUNCT
fueconorg-4928	79	39	.	.	PUNCT
fueconorg-4928	80	1	the	the	DET
fueconorg-4928	80	2	term	term	NOUN
fueconorg-4928	80	3	high	high	ADJ
fueconorg-4928	80	4	-	-	PUNCT
fueconorg-4928	80	5	frequency	frequency	NOUN
fueconorg-4928	80	6	trading	trading	NOUN
fueconorg-4928	80	7	does	do	AUX
fueconorg-4928	80	8	not	not	PART
fueconorg-4928	80	9	have	have	VERB
fueconorg-4928	80	10	a	a	DET
fueconorg-4928	80	11	generally	generally	ADV
fueconorg-4928	80	12	accepted	accept	VERB
fueconorg-4928	80	13	or	or	CCONJ
fueconorg-4928	80	14	legal	legal	ADJ
fueconorg-4928	80	15	definition	definition	NOUN
fueconorg-4928	80	16	.	.	PUNCT
fueconorg-4928	81	1	however	however	ADV
fueconorg-4928	81	2	,	,	PUNCT
fueconorg-4928	81	3	an	an	DET
fueconorg-4928	81	4	optional	optional	ADJ
fueconorg-4928	81	5	definition	definition	NOUN
fueconorg-4928	81	6	of	of	ADP
fueconorg-4928	81	7	high	high	ADJ
fueconorg-4928	81	8	-	-	PUNCT
fueconorg-4928	81	9	frequency	frequency	NOUN
fueconorg-4928	81	10	trading	trading	NOUN
fueconorg-4928	81	11	was	be	AUX
fueconorg-4928	81	12	offered	offer	VERB
fueconorg-4928	81	13	at	at	ADP
fueconorg-4928	81	14	the	the	DET
fueconorg-4928	81	15	2012	2012	NUM
fueconorg-4928	81	16	meeting	meeting	NOUN
fueconorg-4928	81	17	of	of	ADP
fueconorg-4928	81	18	the	the	DET
fueconorg-4928	81	19	technical	technical	ADJ
fueconorg-4928	81	20	advisory	advisory	PROPN
fueconorg-4928	81	21	committee	committee	NOUN
fueconorg-4928	81	22	for	for	ADP
fueconorg-4928	81	23	automated	automate	VERB
fueconorg-4928	81	24	and	and	CCONJ
fueconorg-4928	81	25	high	high	ADJ
fueconorg-4928	81	26	frequency	frequency	NOUN
fueconorg-4928	81	27	trading	trading	NOUN
fueconorg-4928	81	28	(	(	PUNCT
fueconorg-4928	81	29	cftc	cftc	PROPN
fueconorg-4928	81	30	)	)	PUNCT
fueconorg-4928	81	31	(	(	PUNCT
fueconorg-4928	81	32	miller	miller	PROPN
fueconorg-4928	81	33	&	&	CCONJ
fueconorg-4928	81	34	shorter	short	ADJ
fueconorg-4928	81	35	,	,	PUNCT
fueconorg-4928	81	36	2016	2016	NUM
fueconorg-4928	81	37	,	,	PUNCT
fueconorg-4928	81	38	pp	pp	ADJ
fueconorg-4928	81	39	.	.	PUNCT
fueconorg-4928	82	1	1	1	NUM
fueconorg-4928	82	2	):	):	PUNCT
fueconorg-4928	82	3			NOUN
fueconorg-4928	82	4	decision	decision	NOUN
fueconorg-4928	82	5	-	-	PUNCT
fueconorg-4928	82	6	making	make	VERB
fueconorg-4928	82	7	algorithm	algorithm	NOUN
fueconorg-4928	82	8	(	(	PUNCT
fueconorg-4928	82	9	initiating	initiate	VERB
fueconorg-4928	82	10	,	,	PUNCT
fueconorg-4928	82	11	generating	generating	NOUN
fueconorg-4928	82	12	,	,	PUNCT
fueconorg-4928	82	13	directing	direct	VERB
fueconorg-4928	82	14	or	or	CCONJ
fueconorg-4928	82	15	executing	execute	VERB
fueconorg-4928	82	16	orders	order	NOUN
fueconorg-4928	82	17	)	)	PUNCT
fueconorg-4928	82	18	for	for	ADP
fueconorg-4928	82	19	each	each	DET
fueconorg-4928	82	20	individual	individual	ADJ
fueconorg-4928	82	21	transaction	transaction	NOUN
fueconorg-4928	82	22	,	,	PUNCT
fueconorg-4928	82	23	with	with	ADP
fueconorg-4928	82	24	no	no	DET
fueconorg-4928	82	25	human	human	ADJ
fueconorg-4928	82	26	intervention	intervention	NOUN
fueconorg-4928	82	27	;	;	PUNCT
fueconorg-4928	82	28			X
fueconorg-4928	82	29	low	low	ADJ
fueconorg-4928	82	30	latency	latency	NOUN
fueconorg-4928	82	31	technology	technology	NOUN
fueconorg-4928	82	32	,	,	PUNCT
fueconorg-4928	82	33	designed	design	VERB
fueconorg-4928	82	34	to	to	PART
fueconorg-4928	82	35	minimize	minimize	VERB
fueconorg-4928	82	36	response	response	NOUN
fueconorg-4928	82	37	times	time	NOUN
fueconorg-4928	82	38	and	and	CCONJ
fueconorg-4928	82	39	make	make	VERB
fueconorg-4928	82	40	trading	trading	NOUN
fueconorg-4928	82	41	closer	close	ADJ
fueconorg-4928	82	42	;	;	PUNCT
fueconorg-4928	82	43			VERB
fueconorg-4928	82	44	technology	technology	NOUN
fueconorg-4928	82	45	that	that	PRON
fueconorg-4928	82	46	establishes	establish	VERB
fueconorg-4928	82	47	a	a	DET
fueconorg-4928	82	48	fast	fast	ADJ
fueconorg-4928	82	49	connection	connection	NOUN
fueconorg-4928	82	50	,	,	PUNCT
fueconorg-4928	82	51	i.e.	i.e.	X
fueconorg-4928	82	52	communication	communication	NOUN
fueconorg-4928	82	53	with	with	ADP
fueconorg-4928	82	54	the	the	DET
fueconorg-4928	82	55	market	market	NOUN
fueconorg-4928	82	56	in	in	ADP
fueconorg-4928	82	57	order	order	NOUN
fueconorg-4928	82	58	to	to	PART
fueconorg-4928	82	59	enter	enter	VERB
fueconorg-4928	82	60	orders	order	NOUN
fueconorg-4928	82	61	and	and	CCONJ
fueconorg-4928	82	62	transfer	transfer	VERB
fueconorg-4928	82	63	a	a	DET
fueconorg-4928	82	64	large	large	ADJ
fueconorg-4928	82	65	number	number	NOUN
fueconorg-4928	82	66	of	of	ADP
fueconorg-4928	82	67	messages	message	NOUN
fueconorg-4928	82	68	about	about	ADP
fueconorg-4928	82	69	orders	order	NOUN
fueconorg-4928	82	70	,	,	PUNCT
fueconorg-4928	82	71	quotes	quote	NOUN
fueconorg-4928	82	72	or	or	CCONJ
fueconorg-4928	82	73	cancellation	cancellation	NOUN
fueconorg-4928	82	74	of	of	ADP
fueconorg-4928	82	75	order	order	NOUN
fueconorg-4928	82	76	execution	execution	NOUN
fueconorg-4928	82	77	.	.	PUNCT
fueconorg-4928	83	1	algorithmic	algorithmic	ADJ
fueconorg-4928	83	2	trading	trading	NOUN
fueconorg-4928	83	3	can	can	AUX
fueconorg-4928	83	4	comprise	comprise	VERB
fueconorg-4928	83	5	trading	trading	NOUN
fueconorg-4928	83	6	in	in	ADP
fueconorg-4928	83	7	shares	share	NOUN
fueconorg-4928	83	8	,	,	PUNCT
fueconorg-4928	83	9	bonds	bond	NOUN
fueconorg-4928	83	10	,	,	PUNCT
fueconorg-4928	83	11	currencies	currency	NOUN
fueconorg-4928	83	12	,	,	PUNCT
fueconorg-4928	83	13	and	and	CCONJ
fueconorg-4928	83	14	goods	good	NOUN
fueconorg-4928	83	15	(	(	PUNCT
fueconorg-4928	83	16	kissell	kissell	PROPN
fueconorg-4928	83	17	,	,	PUNCT
fueconorg-4928	83	18	2014	2014	NUM
fueconorg-4928	83	19	,	,	PUNCT
fueconorg-4928	83	20	pp	pp	ADJ
fueconorg-4928	83	21	.	.	NOUN
fueconorg-4928	83	22	1	1	NUM
fueconorg-4928	83	23	)	)	PUNCT
fueconorg-4928	83	24	.	.	PUNCT
fueconorg-4928	84	1	with	with	ADP
fueconorg-4928	84	2	the	the	DET
fueconorg-4928	84	3	help	help	NOUN
fueconorg-4928	84	4	of	of	ADP
fueconorg-4928	84	5	advanced	advanced	ADJ
fueconorg-4928	84	6	and	and	CCONJ
fueconorg-4928	84	7	complex	complex	ADJ
fueconorg-4928	84	8	mathematical	mathematical	ADJ
fueconorg-4928	84	9	models	model	NOUN
fueconorg-4928	84	10	for	for	ADP
fueconorg-4928	84	11	making	make	VERB
fueconorg-4928	84	12	decisions	decision	NOUN
fueconorg-4928	84	13	in	in	ADP
fueconorg-4928	84	14	automated	automate	VERB
fueconorg-4928	84	15	systems	system	NOUN
fueconorg-4928	84	16	,	,	PUNCT
fueconorg-4928	84	17	strict	strict	ADJ
fueconorg-4928	84	18	rules	rule	NOUN
fueconorg-4928	84	19	determine	determine	VERB
fueconorg-4928	84	20	the	the	DET
fueconorg-4928	84	21	optimal	optimal	ADJ
fueconorg-4928	84	22	time	time	NOUN
fueconorg-4928	84	23	for	for	ADP
fueconorg-4928	84	24	an	an	DET
fueconorg-4928	84	25	order	order	NOUN
fueconorg-4928	84	26	execution	execution	NOUN
fueconorg-4928	84	27	,	,	PUNCT
fueconorg-4928	84	28	which	which	PRON
fueconorg-4928	84	29	can	can	AUX
fueconorg-4928	84	30	be	be	AUX
fueconorg-4928	84	31	changed	change	VERB
fueconorg-4928	84	32	or	or	CCONJ
fueconorg-4928	84	33	cancelled	cancel	VERB
fueconorg-4928	84	34	during	during	ADP
fueconorg-4928	84	35	realization	realization	NOUN
fueconorg-4928	84	36	,	,	PUNCT
fueconorg-4928	84	37	causing	cause	VERB
fueconorg-4928	84	38	the	the	DET
fueconorg-4928	84	39	least	least	ADJ
fueconorg-4928	84	40	the	the	DET
fueconorg-4928	84	41	impact	impact	NOUN
fueconorg-4928	84	42	of	of	ADP
fueconorg-4928	84	43	automated	automate	VERB
fueconorg-4928	84	44	trading	trading	NOUN
fueconorg-4928	84	45	systems	system	NOUN
fueconorg-4928	84	46	on	on	ADP
fueconorg-4928	84	47	financial	financial	ADJ
fueconorg-4928	84	48	market	market	NOUN
fueconorg-4928	84	49	stability	stability	NOUN
fueconorg-4928	84	50	259	259	NUM
fueconorg-4928	84	51	possible	possible	ADJ
fueconorg-4928	84	52	impact	impact	NOUN
fueconorg-4928	84	53	on	on	ADP
fueconorg-4928	84	54	the	the	DET
fueconorg-4928	84	55	price	price	NOUN
fueconorg-4928	84	56	of	of	ADP
fueconorg-4928	84	57	shares	share	NOUN
fueconorg-4928	84	58	(	(	PUNCT
fueconorg-4928	84	59	dubey	dubey	PROPN
fueconorg-4928	84	60	,	,	PUNCT
fueconorg-4928	84	61	chauhan	chauhan	PROPN
fueconorg-4928	84	62	,	,	PUNCT
fueconorg-4928	84	63	&	&	CCONJ
fueconorg-4928	84	64	syamala	syamala	NOUN
fueconorg-4928	84	65	,	,	PUNCT
fueconorg-4928	84	66	2017	2017	NUM
fueconorg-4928	84	67	,	,	PUNCT
fueconorg-4928	84	68	pp	pp	ADJ
fueconorg-4928	84	69	.	.	NOUN
fueconorg-4928	84	70	2	2	NUM
fueconorg-4928	84	71	)	)	PUNCT
fueconorg-4928	84	72	.	.	PUNCT
fueconorg-4928	85	1	apart	apart	ADV
fueconorg-4928	85	2	from	from	ADP
fueconorg-4928	85	3	being	be	AUX
fueconorg-4928	85	4	more	more	ADV
fueconorg-4928	85	5	efficient	efficient	ADJ
fueconorg-4928	85	6	and	and	CCONJ
fueconorg-4928	85	7	capable	capable	ADJ
fueconorg-4928	85	8	of	of	ADP
fueconorg-4928	85	9	performing	perform	VERB
fueconorg-4928	85	10	complex	complex	ADJ
fueconorg-4928	85	11	calculations	calculation	NOUN
fueconorg-4928	85	12	and	and	CCONJ
fueconorg-4928	85	13	processing	process	VERB
fueconorg-4928	85	14	a	a	DET
fueconorg-4928	85	15	large	large	ADJ
fueconorg-4928	85	16	amount	amount	NOUN
fueconorg-4928	85	17	of	of	ADP
fueconorg-4928	85	18	information	information	NOUN
fueconorg-4928	85	19	and	and	CCONJ
fueconorg-4928	85	20	data	datum	NOUN
fueconorg-4928	85	21	,	,	PUNCT
fueconorg-4928	85	22	computers	computer	NOUN
fueconorg-4928	85	23	are	be	AUX
fueconorg-4928	85	24	also	also	ADV
fueconorg-4928	85	25	extremely	extremely	ADV
fueconorg-4928	85	26	suitable	suitable	ADJ
fueconorg-4928	85	27	for	for	ADP
fueconorg-4928	85	28	rapid	rapid	ADJ
fueconorg-4928	85	29	reaction	reaction	NOUN
fueconorg-4928	85	30	to	to	ADP
fueconorg-4928	85	31	changes	change	NOUN
fueconorg-4928	85	32	in	in	ADP
fueconorg-4928	85	33	market	market	NOUN
fueconorg-4928	85	34	conditions	condition	NOUN
fueconorg-4928	85	35	.	.	PUNCT
fueconorg-4928	86	1	this	this	PRON
fueconorg-4928	86	2	is	be	AUX
fueconorg-4928	86	3	a	a	DET
fueconorg-4928	86	4	necessary	necessary	ADJ
fueconorg-4928	86	5	feature	feature	NOUN
fueconorg-4928	86	6	for	for	ADP
fueconorg-4928	86	7	real	real	ADJ
fueconorg-4928	86	8	-	-	PUNCT
fueconorg-4928	86	9	time	time	NOUN
fueconorg-4928	86	10	trading	trading	NOUN
fueconorg-4928	86	11	in	in	ADP
fueconorg-4928	86	12	a	a	DET
fueconorg-4928	86	13	turbulent	turbulent	ADJ
fueconorg-4928	86	14	environment	environment	NOUN
fueconorg-4928	86	15	which	which	PRON
fueconorg-4928	86	16	characterizes	characterize	VERB
fueconorg-4928	86	17	today	today	NOUN
fueconorg-4928	86	18	’s	’s	PART
fueconorg-4928	86	19	financial	financial	ADJ
fueconorg-4928	86	20	markets	market	NOUN
fueconorg-4928	86	21	.	.	PUNCT
fueconorg-4928	87	1	high	high	ADJ
fueconorg-4928	87	2	investments	investment	NOUN
fueconorg-4928	87	3	in	in	ADP
fueconorg-4928	87	4	the	the	DET
fueconorg-4928	87	5	construction	construction	NOUN
fueconorg-4928	87	6	of	of	ADP
fueconorg-4928	87	7	computer	computer	NOUN
fueconorg-4928	87	8	networks	network	NOUN
fueconorg-4928	87	9	and	and	CCONJ
fueconorg-4928	87	10	appropriate	appropriate	ADJ
fueconorg-4928	87	11	data	datum	NOUN
fueconorg-4928	87	12	transfer	transfer	NOUN
fueconorg-4928	87	13	technologies	technology	NOUN
fueconorg-4928	87	14	have	have	AUX
fueconorg-4928	87	15	made	make	VERB
fueconorg-4928	87	16	it	it	PRON
fueconorg-4928	87	17	possible	possible	ADJ
fueconorg-4928	87	18	to	to	PART
fueconorg-4928	87	19	measure	measure	VERB
fueconorg-4928	87	20	the	the	DET
fueconorg-4928	87	21	duration	duration	NOUN
fueconorg-4928	87	22	of	of	ADP
fueconorg-4928	87	23	order	order	NOUN
fueconorg-4928	87	24	execution	execution	NOUN
fueconorg-4928	87	25	in	in	ADP
fueconorg-4928	87	26	milliseconds	millisecond	NOUN
fueconorg-4928	87	27	(	(	PUNCT
fueconorg-4928	87	28	zook	zook	NOUN
fueconorg-4928	87	29	&	&	CCONJ
fueconorg-4928	87	30	grote	grote	PROPN
fueconorg-4928	87	31	,	,	PUNCT
fueconorg-4928	87	32	2016	2016	NUM
fueconorg-4928	87	33	,	,	PUNCT
fueconorg-4928	87	34	pp	pp	ADJ
fueconorg-4928	87	35	.	.	PUNCT
fueconorg-4928	87	36	4	4	NUM
fueconorg-4928	87	37	)	)	PUNCT
fueconorg-4928	87	38	.	.	PUNCT
fueconorg-4928	88	1	the	the	DET
fueconorg-4928	88	2	last	last	ADJ
fueconorg-4928	88	3	20	20	NUM
fueconorg-4928	88	4	years	year	NOUN
fueconorg-4928	88	5	recorded	record	VERB
fueconorg-4928	88	6	a	a	DET
fueconorg-4928	88	7	remarkable	remarkable	ADJ
fueconorg-4928	88	8	growth	growth	NOUN
fueconorg-4928	88	9	achieved	achieve	VERB
fueconorg-4928	88	10	by	by	ADP
fueconorg-4928	88	11	automated	automate	VERB
fueconorg-4928	88	12	trading	trading	NOUN
fueconorg-4928	88	13	systems	system	NOUN
fueconorg-4928	88	14	,	,	PUNCT
fueconorg-4928	88	15	which	which	PRON
fueconorg-4928	88	16	is	be	AUX
fueconorg-4928	88	17	evidenced	evidence	VERB
fueconorg-4928	88	18	by	by	ADP
fueconorg-4928	88	19	the	the	DET
fueconorg-4928	88	20	fact	fact	NOUN
fueconorg-4928	88	21	that	that	SCONJ
fueconorg-4928	88	22	a	a	DET
fueconorg-4928	88	23	half	half	NOUN
fueconorg-4928	88	24	of	of	ADP
fueconorg-4928	88	25	the	the	DET
fueconorg-4928	88	26	overall	overall	ADJ
fueconorg-4928	88	27	trading	trading	NOUN
fueconorg-4928	88	28	in	in	ADP
fueconorg-4928	88	29	global	global	ADJ
fueconorg-4928	88	30	stock	stock	NOUN
fueconorg-4928	88	31	markets	market	NOUN
fueconorg-4928	88	32	is	be	AUX
fueconorg-4928	88	33	done	do	VERB
fueconorg-4928	88	34	through	through	ADP
fueconorg-4928	88	35	these	these	DET
fueconorg-4928	88	36	systems	system	NOUN
fueconorg-4928	88	37	(	(	PUNCT
fueconorg-4928	88	38	zook	zook	PROPN
fueconorg-4928	88	39	&	&	CCONJ
fueconorg-4928	88	40	grote	grote	PROPN
fueconorg-4928	88	41	,	,	PUNCT
fueconorg-4928	88	42	2016	2016	NUM
fueconorg-4928	88	43	,	,	PUNCT
fueconorg-4928	88	44	pp	pp	ADJ
fueconorg-4928	88	45	.	.	NOUN
fueconorg-4928	88	46	1	1	NUM
fueconorg-4928	88	47	)	)	PUNCT
fueconorg-4928	88	48	.	.	PUNCT
fueconorg-4928	89	1	kirilenko	kirilenko	PROPN
fueconorg-4928	89	2	and	and	CCONJ
fueconorg-4928	89	3	lo	lo	PROPN
fueconorg-4928	89	4	(	(	PUNCT
fueconorg-4928	89	5	2013	2013	NUM
fueconorg-4928	89	6	)	)	PUNCT
fueconorg-4928	89	7	point	point	NOUN
fueconorg-4928	89	8	to	to	ADP
fueconorg-4928	89	9	three	three	NUM
fueconorg-4928	89	10	key	key	ADJ
fueconorg-4928	89	11	changes	change	NOUN
fueconorg-4928	89	12	in	in	ADP
fueconorg-4928	89	13	financial	financial	ADJ
fueconorg-4928	89	14	market	market	NOUN
fueconorg-4928	89	15	operations	operation	NOUN
fueconorg-4928	89	16	that	that	PRON
fueconorg-4928	89	17	opened	open	VERB
fueconorg-4928	89	18	the	the	DET
fueconorg-4928	89	19	door	door	NOUN
fueconorg-4928	89	20	to	to	ADP
fueconorg-4928	89	21	the	the	DET
fueconorg-4928	89	22	rapid	rapid	ADJ
fueconorg-4928	89	23	development	development	NOUN
fueconorg-4928	89	24	of	of	ADP
fueconorg-4928	89	25	automated	automate	VERB
fueconorg-4928	89	26	trading	trading	NOUN
fueconorg-4928	89	27	systems	system	NOUN
fueconorg-4928	89	28	.	.	PUNCT
fueconorg-4928	90	1	the	the	DET
fueconorg-4928	90	2	first	first	ADJ
fueconorg-4928	90	3	change	change	NOUN
fueconorg-4928	90	4	relates	relate	VERB
fueconorg-4928	90	5	to	to	ADP
fueconorg-4928	90	6	financial	financial	ADJ
fueconorg-4928	90	7	system	system	NOUN
fueconorg-4928	90	8	structure	structure	NOUN
fueconorg-4928	90	9	,	,	PUNCT
fueconorg-4928	90	10	which	which	PRON
fueconorg-4928	90	11	has	have	AUX
fueconorg-4928	90	12	become	become	VERB
fueconorg-4928	90	13	increasingly	increasingly	ADV
fueconorg-4928	90	14	complex	complex	ADJ
fueconorg-4928	90	15	over	over	ADP
fueconorg-4928	90	16	time	time	NOUN
fueconorg-4928	90	17	.	.	PUNCT
fueconorg-4928	91	1	globalization	globalization	NOUN
fueconorg-4928	91	2	and	and	CCONJ
fueconorg-4928	91	3	economic	economic	ADJ
fueconorg-4928	91	4	growth	growth	NOUN
fueconorg-4928	91	5	have	have	AUX
fueconorg-4928	91	6	led	lead	VERB
fueconorg-4928	91	7	to	to	ADP
fueconorg-4928	91	8	an	an	DET
fueconorg-4928	91	9	increase	increase	NOUN
fueconorg-4928	91	10	in	in	ADP
fueconorg-4928	91	11	the	the	DET
fueconorg-4928	91	12	number	number	NOUN
fueconorg-4928	91	13	of	of	ADP
fueconorg-4928	91	14	market	market	NOUN
fueconorg-4928	91	15	participants	participant	NOUN
fueconorg-4928	91	16	,	,	PUNCT
fueconorg-4928	91	17	different	different	ADJ
fueconorg-4928	91	18	forms	form	NOUN
fueconorg-4928	91	19	of	of	ADP
fueconorg-4928	91	20	financial	financial	ADJ
fueconorg-4928	91	21	transactions	transaction	NOUN
fueconorg-4928	91	22	,	,	PUNCT
fueconorg-4928	91	23	changes	change	NOUN
fueconorg-4928	91	24	in	in	ADP
fueconorg-4928	91	25	the	the	DET
fueconorg-4928	91	26	level	level	NOUN
fueconorg-4928	91	27	and	and	CCONJ
fueconorg-4928	91	28	distribution	distribution	NOUN
fueconorg-4928	91	29	of	of	ADP
fueconorg-4928	91	30	risks	risk	NOUN
fueconorg-4928	91	31	,	,	PUNCT
fueconorg-4928	91	32	etc	etc	X
fueconorg-4928	91	33	.	.	X
fueconorg-4928	91	34	with	with	ADP
fueconorg-4928	91	35	an	an	DET
fueconorg-4928	91	36	ever	ever	ADV
fueconorg-4928	91	37	increasing	increase	VERB
fueconorg-4928	91	38	complexity	complexity	NOUN
fueconorg-4928	91	39	of	of	ADP
fueconorg-4928	91	40	the	the	DET
fueconorg-4928	91	41	financial	financial	ADJ
fueconorg-4928	91	42	system	system	NOUN
fueconorg-4928	91	43	,	,	PUNCT
fueconorg-4928	91	44	the	the	DET
fueconorg-4928	91	45	development	development	NOUN
fueconorg-4928	91	46	of	of	ADP
fueconorg-4928	91	47	computer	computer	NOUN
fueconorg-4928	91	48	technologies	technology	NOUN
fueconorg-4928	91	49	in	in	ADP
fueconorg-4928	91	50	this	this	DET
fueconorg-4928	91	51	field	field	NOUN
fueconorg-4928	91	52	was	be	AUX
fueconorg-4928	91	53	considered	consider	VERB
fueconorg-4928	91	54	necessary	necessary	ADJ
fueconorg-4928	91	55	.	.	PUNCT
fueconorg-4928	92	1	quantitative	quantitative	ADJ
fueconorg-4928	92	2	modeling	modeling	NOUN
fueconorg-4928	92	3	of	of	ADP
fueconorg-4928	92	4	financial	financial	ADJ
fueconorg-4928	92	5	markets	market	NOUN
fueconorg-4928	92	6	has	have	AUX
fueconorg-4928	92	7	created	create	VERB
fueconorg-4928	92	8	a	a	DET
fueconorg-4928	92	9	strong	strong	ADJ
fueconorg-4928	92	10	theoretical	theoretical	ADJ
fueconorg-4928	92	11	basis	basis	NOUN
fueconorg-4928	92	12	underlying	underlie	VERB
fueconorg-4928	92	13	automated	automate	VERB
fueconorg-4928	92	14	trading	trading	NOUN
fueconorg-4928	92	15	.	.	PUNCT
fueconorg-4928	93	1	the	the	DET
fueconorg-4928	93	2	third	third	ADJ
fueconorg-4928	93	3	change	change	NOUN
fueconorg-4928	93	4	relates	relate	VERB
fueconorg-4928	93	5	to	to	ADP
fueconorg-4928	93	6	the	the	DET
fueconorg-4928	93	7	already	already	ADV
fueconorg-4928	93	8	mentioned	mention	VERB
fueconorg-4928	93	9	integration	integration	NOUN
fueconorg-4928	93	10	of	of	ADP
fueconorg-4928	93	11	computer	computer	NOUN
fueconorg-4928	93	12	technology	technology	NOUN
fueconorg-4928	93	13	into	into	ADP
fueconorg-4928	93	14	financial	financial	ADJ
fueconorg-4928	93	15	system	system	NOUN
fueconorg-4928	93	16	operations	operation	NOUN
fueconorg-4928	93	17	and	and	CCONJ
fueconorg-4928	93	18	its	its	PRON
fueconorg-4928	93	19	impact	impact	NOUN
fueconorg-4928	93	20	on	on	ADP
fueconorg-4928	93	21	the	the	DET
fueconorg-4928	93	22	collection	collection	NOUN
fueconorg-4928	93	23	and	and	CCONJ
fueconorg-4928	93	24	organization	organization	NOUN
fueconorg-4928	93	25	of	of	ADP
fueconorg-4928	93	26	data	datum	NOUN
fueconorg-4928	93	27	and	and	CCONJ
fueconorg-4928	93	28	communication	communication	NOUN
fueconorg-4928	93	29	.	.	PUNCT
fueconorg-4928	94	1	3	3	X
fueconorg-4928	94	2	.	.	X
fueconorg-4928	94	3	automatic	automatic	ADJ
fueconorg-4928	94	4	trading	trading	NOUN
fueconorg-4928	94	5	strategies	strategy	NOUN
fueconorg-4928	94	6	and	and	CCONJ
fueconorg-4928	94	7	softwares	software	VERB
fueconorg-4928	94	8	financial	financial	ADJ
fueconorg-4928	94	9	market	market	NOUN
fueconorg-4928	94	10	traders	trader	NOUN
fueconorg-4928	94	11	have	have	VERB
fueconorg-4928	94	12	different	different	ADJ
fueconorg-4928	94	13	goals	goal	NOUN
fueconorg-4928	94	14	and	and	CCONJ
fueconorg-4928	94	15	priorities	priority	NOUN
fueconorg-4928	94	16	,	,	PUNCT
fueconorg-4928	94	17	different	different	ADJ
fueconorg-4928	94	18	amounts	amount	NOUN
fueconorg-4928	94	19	of	of	ADP
fueconorg-4928	94	20	available	available	ADJ
fueconorg-4928	94	21	assets	asset	NOUN
fueconorg-4928	94	22	,	,	PUNCT
fueconorg-4928	94	23	and	and	CCONJ
fueconorg-4928	94	24	different	different	ADJ
fueconorg-4928	94	25	risk	risk	NOUN
fueconorg-4928	94	26	tolerance	tolerance	NOUN
fueconorg-4928	94	27	.	.	PUNCT
fueconorg-4928	95	1	due	due	ADP
fueconorg-4928	95	2	to	to	ADP
fueconorg-4928	95	3	all	all	DET
fueconorg-4928	95	4	this	this	PRON
fueconorg-4928	95	5	,	,	PUNCT
fueconorg-4928	95	6	their	their	PRON
fueconorg-4928	95	7	trading	trading	NOUN
fueconorg-4928	95	8	strategies	strategy	NOUN
fueconorg-4928	95	9	also	also	ADV
fueconorg-4928	95	10	vary	vary	VERB
fueconorg-4928	95	11	.	.	PUNCT
fueconorg-4928	96	1	a	a	DET
fueconorg-4928	96	2	trading	trading	NOUN
fueconorg-4928	96	3	strategy	strategy	NOUN
fueconorg-4928	96	4	is	be	AUX
fueconorg-4928	96	5	a	a	DET
fueconorg-4928	96	6	predefined	predefine	VERB
fueconorg-4928	96	7	set	set	NOUN
fueconorg-4928	96	8	of	of	ADP
fueconorg-4928	96	9	rules	rule	NOUN
fueconorg-4928	96	10	that	that	PRON
fueconorg-4928	96	11	are	be	AUX
fueconorg-4928	96	12	strictly	strictly	ADV
fueconorg-4928	96	13	applied	apply	VERB
fueconorg-4928	96	14	during	during	ADP
fueconorg-4928	96	15	trading	trading	NOUN
fueconorg-4928	96	16	.	.	PUNCT
fueconorg-4928	97	1	the	the	DET
fueconorg-4928	97	2	basic	basic	ADJ
fueconorg-4928	97	3	set	set	NOUN
fueconorg-4928	97	4	of	of	ADP
fueconorg-4928	97	5	rules	rule	NOUN
fueconorg-4928	97	6	should	should	AUX
fueconorg-4928	97	7	precisely	precisely	ADV
fueconorg-4928	97	8	describe	describe	VERB
fueconorg-4928	97	9	the	the	DET
fueconorg-4928	97	10	conditions	condition	NOUN
fueconorg-4928	97	11	to	to	PART
fueconorg-4928	97	12	be	be	AUX
fueconorg-4928	97	13	met	meet	VERB
fueconorg-4928	97	14	in	in	ADP
fueconorg-4928	97	15	order	order	NOUN
fueconorg-4928	97	16	to	to	PART
fueconorg-4928	97	17	open	open	VERB
fueconorg-4928	97	18	the	the	DET
fueconorg-4928	97	19	position	position	NOUN
fueconorg-4928	97	20	of	of	ADP
fueconorg-4928	97	21	buying	buying	NOUN
fueconorg-4928	97	22	or	or	CCONJ
fueconorg-4928	97	23	selling	selling	NOUN
fueconorg-4928	97	24	,	,	PUNCT
fueconorg-4928	97	25	the	the	DET
fueconorg-4928	97	26	way	way	NOUN
fueconorg-4928	97	27	of	of	ADP
fueconorg-4928	97	28	determining	determine	VERB
fueconorg-4928	97	29	the	the	DET
fueconorg-4928	97	30	amount	amount	NOUN
fueconorg-4928	97	31	traded	trade	VERB
fueconorg-4928	97	32	and	and	CCONJ
fueconorg-4928	97	33	the	the	DET
fueconorg-4928	97	34	conditions	condition	NOUN
fueconorg-4928	97	35	under	under	ADP
fueconorg-4928	97	36	which	which	PRON
fueconorg-4928	97	37	positions	position	NOUN
fueconorg-4928	97	38	are	be	AUX
fueconorg-4928	97	39	closed	close	VERB
fueconorg-4928	97	40	(	(	PUNCT
fueconorg-4928	97	41	ilić	ilić	ADJ
fueconorg-4928	97	42	,	,	PUNCT
fueconorg-4928	97	43	2010	2010	NUM
fueconorg-4928	97	44	a	a	NOUN
fueconorg-4928	97	45	)	)	PUNCT
fueconorg-4928	97	46	.	.	PUNCT
fueconorg-4928	98	1	based	base	VERB
fueconorg-4928	98	2	on	on	ADP
fueconorg-4928	98	3	the	the	DET
fueconorg-4928	98	4	observed	observed	ADJ
fueconorg-4928	98	5	parameters	parameter	NOUN
fueconorg-4928	98	6	,	,	PUNCT
fueconorg-4928	98	7	an	an	DET
fueconorg-4928	98	8	automatic	automatic	ADJ
fueconorg-4928	98	9	trading	trading	NOUN
fueconorg-4928	98	10	system	system	NOUN
fueconorg-4928	98	11	checks	check	VERB
fueconorg-4928	98	12	whether	whether	SCONJ
fueconorg-4928	98	13	the	the	DET
fueconorg-4928	98	14	conditions	condition	NOUN
fueconorg-4928	98	15	for	for	ADP
fueconorg-4928	98	16	opening	opening	NOUN
fueconorg-4928	98	17	or	or	CCONJ
fueconorg-4928	98	18	closing	close	VERB
fueconorg-4928	98	19	the	the	DET
fueconorg-4928	98	20	position	position	NOUN
fueconorg-4928	98	21	are	be	AUX
fueconorg-4928	98	22	fulfilled	fulfil	VERB
fueconorg-4928	98	23	and	and	CCONJ
fueconorg-4928	98	24	,	,	PUNCT
fueconorg-4928	98	25	if	if	SCONJ
fueconorg-4928	98	26	so	so	ADV
fueconorg-4928	98	27	,	,	PUNCT
fueconorg-4928	98	28	sends	send	VERB
fueconorg-4928	98	29	orders	order	NOUN
fueconorg-4928	98	30	for	for	ADP
fueconorg-4928	98	31	trading	trading	NOUN
fueconorg-4928	98	32	.	.	PUNCT
fueconorg-4928	99	1	the	the	DET
fueconorg-4928	99	2	three	three	NUM
fueconorg-4928	99	3	key	key	ADJ
fueconorg-4928	99	4	components	component	NOUN
fueconorg-4928	99	5	of	of	ADP
fueconorg-4928	99	6	each	each	DET
fueconorg-4928	99	7	trading	trading	NOUN
fueconorg-4928	99	8	strategy	strategy	NOUN
fueconorg-4928	99	9	are	be	AUX
fueconorg-4928	99	10	:	:	PUNCT
fueconorg-4928	99	11	entering	enter	VERB
fueconorg-4928	99	12	and	and	CCONJ
fueconorg-4928	99	13	leaving	leave	VERB
fueconorg-4928	99	14	trading	trading	NOUN
fueconorg-4928	99	15	,	,	PUNCT
fueconorg-4928	99	16	risk	risk	NOUN
fueconorg-4928	99	17	management	management	NOUN
fueconorg-4928	99	18	and	and	CCONJ
fueconorg-4928	99	19	positioning	positioning	NOUN
fueconorg-4928	99	20	(	(	PUNCT
fueconorg-4928	99	21	ilić	ilić	PROPN
fueconorg-4928	99	22	&	&	CCONJ
fueconorg-4928	99	23	brtka	brtka	PROPN
fueconorg-4928	99	24	,	,	PUNCT
fueconorg-4928	99	25	2011	2011	NUM
fueconorg-4928	99	26	)	)	PUNCT
fueconorg-4928	99	27	.	.	PUNCT
fueconorg-4928	100	1	trading	trading	NOUN
fueconorg-4928	100	2	strategies	strategy	NOUN
fueconorg-4928	100	3	depend	depend	VERB
fueconorg-4928	100	4	on	on	ADP
fueconorg-4928	100	5	the	the	DET
fueconorg-4928	100	6	ability	ability	NOUN
fueconorg-4928	100	7	to	to	PART
fueconorg-4928	100	8	recognize	recognize	VERB
fueconorg-4928	100	9	the	the	DET
fueconorg-4928	100	10	opportunity	opportunity	NOUN
fueconorg-4928	100	11	for	for	ADP
fueconorg-4928	100	12	trading	trading	NOUN
fueconorg-4928	100	13	and	and	CCONJ
fueconorg-4928	100	14	the	the	DET
fueconorg-4928	100	15	speed	speed	NOUN
fueconorg-4928	100	16	of	of	ADP
fueconorg-4928	100	17	responding	respond	VERB
fueconorg-4928	100	18	to	to	ADP
fueconorg-4928	100	19	an	an	DET
fueconorg-4928	100	20	order	order	NOUN
fueconorg-4928	100	21	(	(	PUNCT
fueconorg-4928	100	22	lakić	lakić	NOUN
fueconorg-4928	100	23	,	,	PUNCT
fueconorg-4928	100	24	2014	2014	NUM
fueconorg-4928	100	25	,	,	PUNCT
fueconorg-4928	100	26	pp	pp	ADJ
fueconorg-4928	100	27	.	.	PUNCT
fueconorg-4928	101	1	8)	8)	NUM
fueconorg-4928	101	2	.	.	PUNCT
fueconorg-4928	102	1	the	the	DET
fueconorg-4928	102	2	formation	formation	NOUN
fueconorg-4928	102	3	of	of	ADP
fueconorg-4928	102	4	a	a	DET
fueconorg-4928	102	5	trading	trading	NOUN
fueconorg-4928	102	6	strategy	strategy	NOUN
fueconorg-4928	102	7	consists	consist	VERB
fueconorg-4928	102	8	of	of	ADP
fueconorg-4928	102	9	the	the	DET
fueconorg-4928	102	10	following	follow	VERB
fueconorg-4928	102	11	steps	step	NOUN
fueconorg-4928	102	12	:	:	PUNCT
fueconorg-4928	102	13	formulation	formulation	NOUN
fueconorg-4928	102	14	,	,	PUNCT
fueconorg-4928	102	15	trading	trading	NOUN
fueconorg-4928	102	16	rules	rule	NOUN
fueconorg-4928	102	17	specification	specification	NOUN
fueconorg-4928	102	18	and	and	CCONJ
fueconorg-4928	102	19	software	software	NOUN
fueconorg-4928	102	20	package	package	NOUN
fueconorg-4928	102	21	development	development	NOUN
fueconorg-4928	102	22	,	,	PUNCT
fueconorg-4928	102	23	preliminary	preliminary	ADJ
fueconorg-4928	102	24	testing	testing	NOUN
fueconorg-4928	102	25	(	(	PUNCT
fueconorg-4928	102	26	simulation	simulation	NOUN
fueconorg-4928	102	27	with	with	ADP
fueconorg-4928	102	28	historical	historical	ADJ
fueconorg-4928	102	29	data	datum	NOUN
fueconorg-4928	102	30	)	)	PUNCT
fueconorg-4928	102	31	,	,	PUNCT
fueconorg-4928	102	32	parameter	parameter	NOUN
fueconorg-4928	102	33	optimization	optimization	NOUN
fueconorg-4928	102	34	(	(	PUNCT
fueconorg-4928	102	35	selection	selection	NOUN
fueconorg-4928	102	36	of	of	ADP
fueconorg-4928	102	37	optimal	optimal	ADJ
fueconorg-4928	102	38	trading	trading	NOUN
fueconorg-4928	102	39	strategy	strategy	NOUN
fueconorg-4928	102	40	,	,	PUNCT
fueconorg-4928	102	41	maximum	maximum	ADJ
fueconorg-4928	102	42	profit	profit	NOUN
fueconorg-4928	102	43	,	,	PUNCT
fueconorg-4928	102	44	lowest	low	ADJ
fueconorg-4928	102	45	risk	risk	NOUN
fueconorg-4928	102	46	,	,	PUNCT
fueconorg-4928	102	47	etc	etc	X
fueconorg-4928	102	48	.	.	X
fueconorg-4928	102	49	)	)	PUNCT
fueconorg-4928	102	50	,	,	PUNCT
fueconorg-4928	102	51	performance	performance	NOUN
fueconorg-4928	102	52	appraisal	appraisal	NOUN
fueconorg-4928	102	53	,	,	PUNCT
fueconorg-4928	102	54	implementation	implementation	NOUN
fueconorg-4928	102	55	of	of	ADP
fueconorg-4928	102	56	a	a	DET
fueconorg-4928	102	57	strategy	strategy	NOUN
fueconorg-4928	102	58	in	in	ADP
fueconorg-4928	102	59	realistic	realistic	ADJ
fueconorg-4928	102	60	conditions	condition	NOUN
fueconorg-4928	102	61	,	,	PUNCT
fueconorg-4928	102	62	monitoring	monitor	VERB
fueconorg-4928	102	63	trading	trading	NOUN
fueconorg-4928	102	64	performance	performance	NOUN
fueconorg-4928	102	65	(	(	PUNCT
fueconorg-4928	102	66	comparison	comparison	NOUN
fueconorg-4928	102	67	of	of	ADP
fueconorg-4928	102	68	real	real	ADJ
fueconorg-4928	102	69	results	result	NOUN
fueconorg-4928	102	70	with	with	ADP
fueconorg-4928	102	71	simulation	simulation	NOUN
fueconorg-4928	102	72	results	result	NOUN
fueconorg-4928	102	73	)	)	PUNCT
fueconorg-4928	102	74	,	,	PUNCT
fueconorg-4928	102	75	evaluation	evaluation	NOUN
fueconorg-4928	102	76	of	of	ADP
fueconorg-4928	102	77	strategies	strategy	NOUN
fueconorg-4928	102	78	and	and	CCONJ
fueconorg-4928	102	79	recommendations	recommendation	NOUN
fueconorg-4928	102	80	for	for	ADP
fueconorg-4928	102	81	further	further	ADJ
fueconorg-4928	102	82	improvements	improvement	NOUN
fueconorg-4928	102	83	(	(	PUNCT
fueconorg-4928	102	84	ilić	ilić	PROPN
fueconorg-4928	102	85	&	&	CCONJ
fueconorg-4928	102	86	brtka	brtka	PROPN
fueconorg-4928	102	87	,	,	PUNCT
fueconorg-4928	102	88	2011	2011	NUM
fueconorg-4928	102	89	)	)	PUNCT
fueconorg-4928	102	90	.	.	PUNCT
fueconorg-4928	103	1	a	a	DET
fueconorg-4928	103	2	key	key	ADJ
fueconorg-4928	103	3	part	part	NOUN
fueconorg-4928	103	4	of	of	ADP
fueconorg-4928	103	5	each	each	DET
fueconorg-4928	103	6	trading	trading	NOUN
fueconorg-4928	103	7	strategy	strategy	NOUN
fueconorg-4928	103	8	is	be	AUX
fueconorg-4928	103	9	to	to	PART
fueconorg-4928	103	10	determine	determine	VERB
fueconorg-4928	103	11	favorable	favorable	ADJ
fueconorg-4928	103	12	moments	moment	NOUN
fueconorg-4928	103	13	for	for	ADP
fueconorg-4928	103	14	the	the	DET
fueconorg-4928	103	15	start	start	NOUN
fueconorg-4928	103	16	and	and	CCONJ
fueconorg-4928	103	17	end	end	NOUN
fueconorg-4928	103	18	of	of	ADP
fueconorg-4928	103	19	trading	trading	NOUN
fueconorg-4928	103	20	.	.	PUNCT
fueconorg-4928	104	1	if	if	SCONJ
fueconorg-4928	104	2	trading	trading	NOUN
fueconorg-4928	104	3	is	be	AUX
fueconorg-4928	104	4	activated	activate	VERB
fueconorg-4928	104	5	too	too	ADV
fueconorg-4928	104	6	early	early	ADJ
fueconorg-4928	104	7	or	or	CCONJ
fueconorg-4928	104	8	too	too	ADV
fueconorg-4928	104	9	late	late	ADJ
fueconorg-4928	104	10	,	,	PUNCT
fueconorg-4928	104	11	losses	loss	NOUN
fueconorg-4928	104	12	could	could	AUX
fueconorg-4928	104	13	be	be	AUX
fueconorg-4928	104	14	made	make	VERB
fueconorg-4928	104	15	,	,	PUNCT
fueconorg-4928	104	16	or	or	CCONJ
fueconorg-4928	104	17	in	in	ADP
fueconorg-4928	104	18	a	a	DET
fueconorg-4928	104	19	260	260	NUM
fueconorg-4928	104	20	v.	v.	ADP
fueconorg-4928	104	21	todorović	todorović	NOUN
fueconorg-4928	104	22	,	,	PUNCT
fueconorg-4928	104	23	a.	a.	NOUN
fueconorg-4928	104	24	pešterac	pešterac	PROPN
fueconorg-4928	104	25	,	,	PUNCT
fueconorg-4928	104	26	n.	n.	NOUN
fueconorg-4928	104	27	tomić	tomić	NOUN
fueconorg-4928	104	28	better	well	ADJ
fueconorg-4928	104	29	case	case	NOUN
fueconorg-4928	104	30	,	,	PUNCT
fueconorg-4928	104	31	less	less	ADJ
fueconorg-4928	104	32	profit	profit	NOUN
fueconorg-4928	104	33	could	could	AUX
fueconorg-4928	104	34	be	be	AUX
fueconorg-4928	104	35	achieved	achieve	VERB
fueconorg-4928	104	36	than	than	ADP
fueconorg-4928	104	37	in	in	ADP
fueconorg-4928	104	38	a	a	DET
fueconorg-4928	104	39	situation	situation	NOUN
fueconorg-4928	104	40	where	where	SCONJ
fueconorg-4928	104	41	trading	trading	NOUN
fueconorg-4928	104	42	would	would	AUX
fueconorg-4928	104	43	be	be	AUX
fueconorg-4928	104	44	activated	activate	VERB
fueconorg-4928	104	45	at	at	ADP
fueconorg-4928	104	46	the	the	DET
fueconorg-4928	104	47	optimal	optimal	ADJ
fueconorg-4928	104	48	moment	moment	NOUN
fueconorg-4928	104	49	(	(	PUNCT
fueconorg-4928	104	50	ilić	ilić	ADJ
fueconorg-4928	104	51	,	,	PUNCT
fueconorg-4928	104	52	2010	2010	NUM
fueconorg-4928	104	53	b	b	NOUN
fueconorg-4928	104	54	)	)	PUNCT
fueconorg-4928	104	55	.	.	PUNCT
fueconorg-4928	105	1	the	the	DET
fueconorg-4928	105	2	strategy	strategy	NOUN
fueconorg-4928	105	3	for	for	ADP
fueconorg-4928	105	4	opening	open	VERB
fueconorg-4928	105	5	a	a	DET
fueconorg-4928	105	6	trading	trading	NOUN
fueconorg-4928	105	7	consists	consist	VERB
fueconorg-4928	105	8	of	of	ADP
fueconorg-4928	105	9	a	a	DET
fueconorg-4928	105	10	trend	trend	NOUN
fueconorg-4928	105	11	-	-	PUNCT
fueconorg-4928	105	12	following	follow	VERB
fueconorg-4928	105	13	strategy	strategy	NOUN
fueconorg-4928	105	14	,	,	PUNCT
fueconorg-4928	105	15	which	which	PRON
fueconorg-4928	105	16	helps	help	VERB
fueconorg-4928	105	17	to	to	PART
fueconorg-4928	105	18	open	open	VERB
fueconorg-4928	105	19	a	a	DET
fueconorg-4928	105	20	trading	trading	NOUN
fueconorg-4928	105	21	in	in	ADP
fueconorg-4928	105	22	the	the	DET
fueconorg-4928	105	23	direction	direction	NOUN
fueconorg-4928	105	24	of	of	ADP
fueconorg-4928	105	25	market	market	NOUN
fueconorg-4928	105	26	price	price	NOUN
fueconorg-4928	105	27	movements	movement	NOUN
fueconorg-4928	105	28	and	and	CCONJ
fueconorg-4928	105	29	counter	counter	NOUN
fueconorg-4928	105	30	-	-	NOUN
fueconorg-4928	105	31	trend	trend	NOUN
fueconorg-4928	105	32	strategy	strategy	NOUN
fueconorg-4928	105	33	,	,	PUNCT
fueconorg-4928	105	34	which	which	PRON
fueconorg-4928	105	35	opens	open	VERB
fueconorg-4928	105	36	a	a	DET
fueconorg-4928	105	37	trading	trading	NOUN
fueconorg-4928	105	38	when	when	SCONJ
fueconorg-4928	105	39	direction	direction	NOUN
fueconorg-4928	105	40	changes	change	NOUN
fueconorg-4928	105	41	are	be	AUX
fueconorg-4928	105	42	expected	expect	VERB
fueconorg-4928	105	43	,	,	PUNCT
fueconorg-4928	105	44	i.e.	i.e.	X
fueconorg-4928	105	45	trading	trading	NOUN
fueconorg-4928	105	46	opens	open	VERB
fueconorg-4928	105	47	in	in	ADP
fueconorg-4928	105	48	the	the	DET
fueconorg-4928	105	49	opposite	opposite	ADJ
fueconorg-4928	105	50	direction	direction	NOUN
fueconorg-4928	105	51	from	from	ADP
fueconorg-4928	105	52	the	the	DET
fueconorg-4928	105	53	current	current	ADJ
fueconorg-4928	105	54	trend	trend	NOUN
fueconorg-4928	105	55	of	of	ADP
fueconorg-4928	105	56	market	market	NOUN
fueconorg-4928	105	57	prices	price	NOUN
fueconorg-4928	105	58	.	.	PUNCT
fueconorg-4928	106	1	trend	trend	NOUN
fueconorg-4928	106	2	-	-	PUNCT
fueconorg-4928	106	3	following	follow	VERB
fueconorg-4928	106	4	strategy	strategy	NOUN
fueconorg-4928	106	5	is	be	AUX
fueconorg-4928	106	6	based	base	VERB
fueconorg-4928	106	7	on	on	ADP
fueconorg-4928	106	8	making	make	VERB
fueconorg-4928	106	9	decisions	decision	NOUN
fueconorg-4928	106	10	about	about	ADP
fueconorg-4928	106	11	buying	buy	VERB
fueconorg-4928	106	12	or	or	CCONJ
fueconorg-4928	106	13	selling	sell	VERB
fueconorg-4928	106	14	solely	solely	ADV
fueconorg-4928	106	15	by	by	ADP
fueconorg-4928	106	16	observing	observe	VERB
fueconorg-4928	106	17	market	market	NOUN
fueconorg-4928	106	18	trend	trend	NOUN
fueconorg-4928	106	19	(	(	PUNCT
fueconorg-4928	106	20	fong	fong	PROPN
fueconorg-4928	106	21	,	,	PUNCT
fueconorg-4928	106	22	si	si	PROPN
fueconorg-4928	106	23	,	,	PUNCT
fueconorg-4928	106	24	&	&	CCONJ
fueconorg-4928	106	25	tai	tai	PROPN
fueconorg-4928	106	26	,	,	PUNCT
fueconorg-4928	106	27	2012	2012	NUM
fueconorg-4928	106	28	,	,	PUNCT
fueconorg-4928	106	29	pp	pp	ADJ
fueconorg-4928	106	30	.	.	PUNCT
fueconorg-4928	106	31	11378	11378	NUM
fueconorg-4928	106	32	)	)	PUNCT
fueconorg-4928	106	33	.	.	PUNCT
fueconorg-4928	107	1	the	the	DET
fueconorg-4928	107	2	trend	trend	NOUN
fueconorg-4928	107	3	is	be	AUX
fueconorg-4928	107	4	determined	determine	VERB
fueconorg-4928	107	5	at	at	ADP
fueconorg-4928	107	6	the	the	DET
fueconorg-4928	107	7	very	very	ADJ
fueconorg-4928	107	8	beginning	beginning	NOUN
fueconorg-4928	107	9	of	of	ADP
fueconorg-4928	107	10	a	a	DET
fueconorg-4928	107	11	workday	workday	NOUN
fueconorg-4928	107	12	,	,	PUNCT
fueconorg-4928	107	13	where	where	SCONJ
fueconorg-4928	107	14	further	further	ADJ
fueconorg-4928	107	15	trade	trade	NOUN
fueconorg-4928	107	16	during	during	ADP
fueconorg-4928	107	17	the	the	DET
fueconorg-4928	107	18	day	day	NOUN
fueconorg-4928	107	19	automatically	automatically	ADV
fueconorg-4928	107	20	proceeds	proceed	VERB
fueconorg-4928	107	21	according	accord	VERB
fueconorg-4928	107	22	to	to	ADP
fueconorg-4928	107	23	a	a	DET
fueconorg-4928	107	24	predetermined	predetermine	VERB
fueconorg-4928	107	25	strategy	strategy	NOUN
fueconorg-4928	107	26	,	,	PUNCT
fueconorg-4928	107	27	regardless	regardless	ADV
fueconorg-4928	107	28	of	of	ADP
fueconorg-4928	107	29	whether	whether	SCONJ
fueconorg-4928	107	30	there	there	PRON
fueconorg-4928	107	31	are	be	VERB
fueconorg-4928	107	32	changes	change	NOUN
fueconorg-4928	107	33	in	in	ADP
fueconorg-4928	107	34	market	market	NOUN
fueconorg-4928	107	35	trends	trend	NOUN
fueconorg-4928	107	36	.	.	PUNCT
fueconorg-4928	108	1	unlike	unlike	ADP
fueconorg-4928	108	2	the	the	DET
fueconorg-4928	108	3	input	input	NOUN
fueconorg-4928	108	4	strategy	strategy	NOUN
fueconorg-4928	108	5	,	,	PUNCT
fueconorg-4928	108	6	the	the	DET
fueconorg-4928	108	7	output	output	NOUN
fueconorg-4928	108	8	strategy	strategy	NOUN
fueconorg-4928	108	9	determines	determine	VERB
fueconorg-4928	108	10	the	the	DET
fueconorg-4928	108	11	moment	moment	NOUN
fueconorg-4928	108	12	when	when	SCONJ
fueconorg-4928	108	13	the	the	DET
fueconorg-4928	108	14	positions	position	NOUN
fueconorg-4928	108	15	should	should	AUX
fueconorg-4928	108	16	be	be	AUX
fueconorg-4928	108	17	closed	close	VERB
fueconorg-4928	108	18	.	.	PUNCT
fueconorg-4928	109	1	a	a	DET
fueconorg-4928	109	2	position	position	NOUN
fueconorg-4928	109	3	closing	closing	NOUN
fueconorg-4928	109	4	could	could	AUX
fueconorg-4928	109	5	be	be	AUX
fueconorg-4928	109	6	aimed	aim	VERB
fueconorg-4928	109	7	at	at	ADP
fueconorg-4928	109	8	making	make	VERB
fueconorg-4928	109	9	a	a	DET
fueconorg-4928	109	10	profit	profit	NOUN
fueconorg-4928	109	11	,	,	PUNCT
fueconorg-4928	109	12	or	or	CCONJ
fueconorg-4928	109	13	at	at	ADP
fueconorg-4928	109	14	protecting	protect	VERB
fueconorg-4928	109	15	traders	trader	NOUN
fueconorg-4928	109	16	from	from	ADP
fueconorg-4928	109	17	excessive	excessive	ADJ
fueconorg-4928	109	18	losses	loss	NOUN
fueconorg-4928	109	19	when	when	SCONJ
fueconorg-4928	109	20	a	a	DET
fueconorg-4928	109	21	price	price	NOUN
fueconorg-4928	109	22	moves	move	NOUN
fueconorg-4928	109	23	in	in	ADP
fueconorg-4928	109	24	an	an	DET
fueconorg-4928	109	25	opposite	opposite	ADJ
fueconorg-4928	109	26	direction	direction	NOUN
fueconorg-4928	109	27	from	from	ADP
fueconorg-4928	109	28	the	the	DET
fueconorg-4928	109	29	expected	expect	VERB
fueconorg-4928	109	30	one	one	NUM
fueconorg-4928	109	31	.	.	PUNCT
fueconorg-4928	110	1	the	the	DET
fueconorg-4928	110	2	reasons	reason	NOUN
fueconorg-4928	110	3	for	for	ADP
fueconorg-4928	110	4	closing	closing	NOUN
fueconorg-4928	110	5	positions	position	NOUN
fueconorg-4928	110	6	can	can	AUX
fueconorg-4928	110	7	be	be	AUX
fueconorg-4928	110	8	situations	situation	NOUN
fueconorg-4928	110	9	when	when	SCONJ
fueconorg-4928	110	10	prices	price	NOUN
fueconorg-4928	110	11	reach	reach	VERB
fueconorg-4928	110	12	a	a	DET
fueconorg-4928	110	13	certain	certain	ADJ
fueconorg-4928	110	14	level	level	NOUN
fueconorg-4928	110	15	,	,	PUNCT
fueconorg-4928	110	16	if	if	SCONJ
fueconorg-4928	110	17	the	the	DET
fueconorg-4928	110	18	desired	desire	VERB
fueconorg-4928	110	19	result	result	NOUN
fueconorg-4928	110	20	of	of	ADP
fueconorg-4928	110	21	a	a	DET
fueconorg-4928	110	22	combination	combination	NOUN
fueconorg-4928	110	23	of	of	ADP
fueconorg-4928	110	24	selected	select	VERB
fueconorg-4928	110	25	technical	technical	ADJ
fueconorg-4928	110	26	indicators	indicator	NOUN
fueconorg-4928	110	27	is	be	AUX
fueconorg-4928	110	28	reached	reach	VERB
fueconorg-4928	110	29	,	,	PUNCT
fueconorg-4928	110	30	or	or	CCONJ
fueconorg-4928	110	31	if	if	SCONJ
fueconorg-4928	110	32	the	the	DET
fueconorg-4928	110	33	level	level	NOUN
fueconorg-4928	110	34	of	of	ADP
fueconorg-4928	110	35	profit	profit	NOUN
fueconorg-4928	110	36	is	be	AUX
fueconorg-4928	110	37	not	not	PART
fueconorg-4928	110	38	reached	reach	VERB
fueconorg-4928	110	39	after	after	ADP
fueconorg-4928	110	40	a	a	DET
fueconorg-4928	110	41	certain	certain	ADJ
fueconorg-4928	110	42	period	period	NOUN
fueconorg-4928	110	43	of	of	ADP
fueconorg-4928	110	44	time	time	NOUN
fueconorg-4928	110	45	(	(	PUNCT
fueconorg-4928	110	46	ilić	ilić	ADJ
fueconorg-4928	110	47	,	,	PUNCT
fueconorg-4928	110	48	2010	2010	NUM
fueconorg-4928	110	49	b	b	NOUN
fueconorg-4928	110	50	)	)	PUNCT
fueconorg-4928	110	51	.	.	PUNCT
fueconorg-4928	111	1	in	in	ADP
fueconorg-4928	111	2	addition	addition	NOUN
fueconorg-4928	111	3	,	,	PUNCT
fueconorg-4928	111	4	algorithms	algorithm	NOUN
fueconorg-4928	111	5	can	can	AUX
fueconorg-4928	111	6	also	also	ADV
fueconorg-4928	111	7	be	be	AUX
fueconorg-4928	111	8	used	use	VERB
fueconorg-4928	111	9	for	for	ADP
fueconorg-4928	111	10	speculative	speculative	ADJ
fueconorg-4928	111	11	purposes	purpose	NOUN
fueconorg-4928	111	12	,	,	PUNCT
fueconorg-4928	111	13	i.e.	i.e.	X
fueconorg-4928	111	14	in	in	ADP
fueconorg-4928	111	15	situations	situation	NOUN
fueconorg-4928	111	16	of	of	ADP
fueconorg-4928	111	17	taking	take	VERB
fueconorg-4928	111	18	over	over	ADP
fueconorg-4928	111	19	the	the	DET
fueconorg-4928	111	20	market	market	NOUN
fueconorg-4928	111	21	risk	risk	NOUN
fueconorg-4928	111	22	in	in	ADP
fueconorg-4928	111	23	order	order	NOUN
fueconorg-4928	111	24	to	to	PART
fueconorg-4928	111	25	achieve	achieve	VERB
fueconorg-4928	111	26	greater	great	ADJ
fueconorg-4928	111	27	profit	profit	NOUN
fueconorg-4928	111	28	.	.	PUNCT
fueconorg-4928	112	1	these	these	DET
fueconorg-4928	112	2	algorithms	algorithm	NOUN
fueconorg-4928	112	3	are	be	AUX
fueconorg-4928	112	4	mainly	mainly	ADV
fueconorg-4928	112	5	based	base	VERB
fueconorg-4928	112	6	on	on	ADP
fueconorg-4928	112	7	momentum	momentum	NOUN
fueconorg-4928	112	8	strategy	strategy	NOUN
fueconorg-4928	112	9	,	,	PUNCT
fueconorg-4928	112	10	relative	relative	ADJ
fueconorg-4928	112	11	value	value	NOUN
fueconorg-4928	112	12	strategy	strategy	NOUN
fueconorg-4928	112	13	and	and	CCONJ
fueconorg-4928	112	14	microstructure	microstructure	ADJ
fueconorg-4928	112	15	strategy	strategy	NOUN
fueconorg-4928	112	16	(	(	PUNCT
fueconorg-4928	112	17	lakić	lakić	PROPN
fueconorg-4928	112	18	,	,	PUNCT
fueconorg-4928	112	19	2014	2014	NUM
fueconorg-4928	112	20	,	,	PUNCT
fueconorg-4928	112	21	pp	pp	ADJ
fueconorg-4928	112	22	.	.	PUNCT
fueconorg-4928	112	23	11	11	NUM
fueconorg-4928	112	24	)	)	PUNCT
fueconorg-4928	112	25	.	.	PUNCT
fueconorg-4928	113	1	in	in	ADP
fueconorg-4928	113	2	their	their	PRON
fueconorg-4928	113	3	papers	paper	NOUN
fueconorg-4928	113	4	,	,	PUNCT
fueconorg-4928	113	5	the	the	DET
fueconorg-4928	113	6	authors	author	NOUN
fueconorg-4928	113	7	(	(	PUNCT
fueconorg-4928	113	8	mackenzie	mackenzie	NOUN
fueconorg-4928	113	9	,	,	PUNCT
fueconorg-4928	113	10	beunza	beunza	PROPN
fueconorg-4928	113	11	,	,	PUNCT
fueconorg-4928	113	12	millo	millo	PROPN
fueconorg-4928	113	13	,	,	PUNCT
fueconorg-4928	113	14	&	&	CCONJ
fueconorg-4928	113	15	pardo	pardo	PROPN
fueconorg-4928	113	16	-	-	PUNCT
fueconorg-4928	113	17	guerra	guerra	PROPN
fueconorg-4928	113	18	,	,	PUNCT
fueconorg-4928	113	19	2012	2012	NUM
fueconorg-4928	113	20	;	;	PUNCT
fueconorg-4928	113	21	zook	zook	PROPN
fueconorg-4928	113	22	&	&	CCONJ
fueconorg-4928	113	23	grote	grote	PROPN
fueconorg-4928	113	24	,	,	PUNCT
fueconorg-4928	113	25	2016	2016	NUM
fueconorg-4928	113	26	)	)	PUNCT
fueconorg-4928	113	27	name	name	VERB
fueconorg-4928	113	28	numerous	numerous	ADJ
fueconorg-4928	113	29	high	high	ADJ
fueconorg-4928	113	30	-	-	PUNCT
fueconorg-4928	113	31	frequency	frequency	NOUN
fueconorg-4928	113	32	trading	trading	NOUN
fueconorg-4928	113	33	strategies	strategy	NOUN
fueconorg-4928	113	34	,	,	PUNCT
fueconorg-4928	113	35	including	include	VERB
fueconorg-4928	113	36	market	market	NOUN
fueconorg-4928	113	37	maker	maker	NOUN
fueconorg-4928	113	38	strategies	strategy	NOUN
fueconorg-4928	113	39	,	,	PUNCT
fueconorg-4928	113	40	as	as	ADV
fueconorg-4928	113	41	well	well	ADV
fueconorg-4928	113	42	as	as	ADP
fueconorg-4928	113	43	different	different	ADJ
fueconorg-4928	113	44	arbitrage	arbitrage	NOUN
fueconorg-4928	113	45	strategies	strategy	NOUN
fueconorg-4928	113	46	statistical	statistical	ADJ
fueconorg-4928	113	47	arbitrage	arbitrage	NOUN
fueconorg-4928	113	48	,	,	PUNCT
fueconorg-4928	113	49	cross	cross	ADJ
fueconorg-4928	113	50	-	-	ADJ
fueconorg-4928	113	51	market	market	ADJ
fueconorg-4928	113	52	arbitrage	arbitrage	NOUN
fueconorg-4928	113	53	,	,	PUNCT
fueconorg-4928	113	54	etc	etc	X
fueconorg-4928	113	55	.	.	X
fueconorg-4928	114	1	the	the	DET
fueconorg-4928	114	2	optimization	optimization	NOUN
fueconorg-4928	114	3	of	of	ADP
fueconorg-4928	114	4	parameters	parameter	NOUN
fueconorg-4928	114	5	implemented	implement	VERB
fueconorg-4928	114	6	in	in	ADP
fueconorg-4928	114	7	a	a	DET
fueconorg-4928	114	8	trading	trading	NOUN
fueconorg-4928	114	9	strategy	strategy	NOUN
fueconorg-4928	114	10	is	be	AUX
fueconorg-4928	114	11	undertaken	undertake	VERB
fueconorg-4928	114	12	in	in	ADP
fueconorg-4928	114	13	order	order	NOUN
fueconorg-4928	114	14	to	to	PART
fueconorg-4928	114	15	increase	increase	VERB
fueconorg-4928	114	16	profit	profit	NOUN
fueconorg-4928	114	17	and	and	CCONJ
fueconorg-4928	114	18	reduce	reduce	VERB
fueconorg-4928	114	19	risk	risk	NOUN
fueconorg-4928	114	20	.	.	PUNCT
fueconorg-4928	115	1	when	when	SCONJ
fueconorg-4928	115	2	optimizing	optimize	VERB
fueconorg-4928	115	3	an	an	DET
fueconorg-4928	115	4	input	input	NOUN
fueconorg-4928	115	5	automated	automate	VERB
fueconorg-4928	115	6	trading	trading	NOUN
fueconorg-4928	115	7	strategy	strategy	NOUN
fueconorg-4928	115	8	,	,	PUNCT
fueconorg-4928	115	9	it	it	PRON
fueconorg-4928	115	10	is	be	AUX
fueconorg-4928	115	11	necessary	necessary	ADJ
fueconorg-4928	115	12	to	to	PART
fueconorg-4928	115	13	determine	determine	VERB
fueconorg-4928	115	14	favorable	favorable	ADJ
fueconorg-4928	115	15	parameters	parameter	NOUN
fueconorg-4928	115	16	of	of	ADP
fueconorg-4928	115	17	technical	technical	ADJ
fueconorg-4928	115	18	indicators	indicator	NOUN
fueconorg-4928	115	19	for	for	ADP
fueconorg-4928	115	20	increasing	increase	VERB
fueconorg-4928	115	21	profitable	profitable	ADJ
fueconorg-4928	115	22	trading	trading	NOUN
fueconorg-4928	115	23	percentage	percentage	NOUN
fueconorg-4928	115	24	,	,	PUNCT
fueconorg-4928	115	25	while	while	SCONJ
fueconorg-4928	115	26	the	the	DET
fueconorg-4928	115	27	optimization	optimization	NOUN
fueconorg-4928	115	28	of	of	ADP
fueconorg-4928	115	29	an	an	DET
fueconorg-4928	115	30	output	output	NOUN
fueconorg-4928	115	31	strategy	strategy	NOUN
fueconorg-4928	115	32	regulates	regulate	VERB
fueconorg-4928	115	33	the	the	DET
fueconorg-4928	115	34	level	level	NOUN
fueconorg-4928	115	35	of	of	ADP
fueconorg-4928	115	36	profit	profit	NOUN
fueconorg-4928	115	37	or	or	CCONJ
fueconorg-4928	115	38	loss	loss	NOUN
fueconorg-4928	115	39	in	in	ADP
fueconorg-4928	115	40	individual	individual	ADJ
fueconorg-4928	115	41	trading	trading	NOUN
fueconorg-4928	115	42	and	and	CCONJ
fueconorg-4928	115	43	attempts	attempt	VERB
fueconorg-4928	115	44	to	to	PART
fueconorg-4928	115	45	find	find	VERB
fueconorg-4928	115	46	the	the	DET
fueconorg-4928	115	47	ratio	ratio	NOUN
fueconorg-4928	115	48	of	of	ADP
fueconorg-4928	115	49	parameters	parameter	NOUN
fueconorg-4928	115	50	for	for	ADP
fueconorg-4928	115	51	achieving	achieve	VERB
fueconorg-4928	115	52	the	the	DET
fueconorg-4928	115	53	best	good	ADJ
fueconorg-4928	115	54	results	result	NOUN
fueconorg-4928	115	55	(	(	PUNCT
fueconorg-4928	115	56	ilić	ilić	PROPN
fueconorg-4928	115	57	&	&	CCONJ
fueconorg-4928	115	58	brtka	brtka	PROPN
fueconorg-4928	115	59	,	,	PUNCT
fueconorg-4928	115	60	2011	2011	NUM
fueconorg-4928	115	61	)	)	PUNCT
fueconorg-4928	115	62	.	.	PUNCT
fueconorg-4928	116	1	different	different	ADJ
fueconorg-4928	116	2	trading	trading	NOUN
fueconorg-4928	116	3	strategies	strategy	NOUN
fueconorg-4928	116	4	also	also	ADV
fueconorg-4928	116	5	have	have	VERB
fueconorg-4928	116	6	different	different	ADJ
fueconorg-4928	116	7	risk	risk	NOUN
fueconorg-4928	116	8	levels	level	NOUN
fueconorg-4928	116	9	,	,	PUNCT
fueconorg-4928	116	10	so	so	SCONJ
fueconorg-4928	116	11	even	even	ADV
fueconorg-4928	116	12	the	the	DET
fueconorg-4928	116	13	most	most	ADV
fueconorg-4928	116	14	efficient	efficient	ADJ
fueconorg-4928	116	15	trading	trading	NOUN
fueconorg-4928	116	16	strategies	strategy	NOUN
fueconorg-4928	116	17	have	have	VERB
fueconorg-4928	116	18	a	a	DET
fueconorg-4928	116	19	certain	certain	ADJ
fueconorg-4928	116	20	percentage	percentage	NOUN
fueconorg-4928	116	21	of	of	ADP
fueconorg-4928	116	22	loss	loss	NOUN
fueconorg-4928	116	23	.	.	PUNCT
fueconorg-4928	117	1	risk	risk	NOUN
fueconorg-4928	117	2	management	management	NOUN
fueconorg-4928	117	3	means	mean	VERB
fueconorg-4928	117	4	maintaining	maintain	VERB
fueconorg-4928	117	5	the	the	DET
fueconorg-4928	117	6	risk	risk	NOUN
fueconorg-4928	117	7	within	within	ADP
fueconorg-4928	117	8	the	the	DET
fueconorg-4928	117	9	expected	expect	VERB
fueconorg-4928	117	10	limits	limit	NOUN
fueconorg-4928	117	11	which	which	PRON
fueconorg-4928	117	12	are	be	AUX
fueconorg-4928	117	13	acceptable	acceptable	ADJ
fueconorg-4928	117	14	in	in	ADP
fueconorg-4928	117	15	relation	relation	NOUN
fueconorg-4928	117	16	to	to	ADP
fueconorg-4928	117	17	the	the	DET
fueconorg-4928	117	18	balance	balance	NOUN
fueconorg-4928	117	19	on	on	ADP
fueconorg-4928	117	20	the	the	DET
fueconorg-4928	117	21	account	account	NOUN
fueconorg-4928	117	22	.	.	PUNCT
fueconorg-4928	118	1	the	the	DET
fueconorg-4928	118	2	main	main	ADJ
fueconorg-4928	118	3	objective	objective	NOUN
fueconorg-4928	118	4	of	of	ADP
fueconorg-4928	118	5	risk	risk	NOUN
fueconorg-4928	118	6	management	management	NOUN
fueconorg-4928	118	7	is	be	AUX
fueconorg-4928	118	8	to	to	PART
fueconorg-4928	118	9	limit	limit	VERB
fueconorg-4928	118	10	losses	loss	NOUN
fueconorg-4928	118	11	,	,	PUNCT
fueconorg-4928	118	12	in	in	ADP
fueconorg-4928	118	13	a	a	DET
fueconorg-4928	118	14	way	way	NOUN
fueconorg-4928	118	15	that	that	SCONJ
fueconorg-4928	118	16	there	there	PRON
fueconorg-4928	118	17	is	be	VERB
fueconorg-4928	118	18	always	always	ADV
fueconorg-4928	118	19	a	a	DET
fueconorg-4928	118	20	sufficient	sufficient	ADJ
fueconorg-4928	118	21	amount	amount	NOUN
fueconorg-4928	118	22	of	of	ADP
fueconorg-4928	118	23	funds	fund	NOUN
fueconorg-4928	118	24	to	to	PART
fueconorg-4928	118	25	continue	continue	VERB
fueconorg-4928	118	26	trading	trade	VERB
fueconorg-4928	118	27	,	,	PUNCT
fueconorg-4928	118	28	even	even	ADV
fueconorg-4928	118	29	after	after	ADP
fueconorg-4928	118	30	a	a	DET
fueconorg-4928	118	31	series	series	NOUN
fueconorg-4928	118	32	of	of	ADP
fueconorg-4928	118	33	trades	trade	NOUN
fueconorg-4928	118	34	that	that	PRON
fueconorg-4928	118	35	ended	end	VERB
fueconorg-4928	118	36	with	with	ADP
fueconorg-4928	118	37	a	a	DET
fueconorg-4928	118	38	loss	loss	NOUN
fueconorg-4928	118	39	(	(	PUNCT
fueconorg-4928	118	40	ilić	ilić	ADJ
fueconorg-4928	118	41	,	,	PUNCT
fueconorg-4928	118	42	2010a	2010a	NUM
fueconorg-4928	118	43	)	)	PUNCT
fueconorg-4928	118	44	.	.	PUNCT
fueconorg-4928	119	1	high	high	ADJ
fueconorg-4928	119	2	-	-	PUNCT
fueconorg-4928	119	3	frequency	frequency	NOUN
fueconorg-4928	119	4	traders	trader	NOUN
fueconorg-4928	119	5	can	can	AUX
fueconorg-4928	119	6	be	be	AUX
fueconorg-4928	119	7	classified	classify	VERB
fueconorg-4928	119	8	depending	depend	VERB
fueconorg-4928	119	9	on	on	ADP
fueconorg-4928	119	10	the	the	DET
fueconorg-4928	119	11	trading	trading	NOUN
fueconorg-4928	119	12	strategy	strategy	NOUN
fueconorg-4928	119	13	they	they	PRON
fueconorg-4928	119	14	implement	implement	VERB
fueconorg-4928	119	15	.	.	PUNCT
fueconorg-4928	120	1	the	the	DET
fueconorg-4928	120	2	use	use	NOUN
fueconorg-4928	120	3	of	of	ADP
fueconorg-4928	120	4	aggressive	aggressive	ADJ
fueconorg-4928	120	5	trading	trading	NOUN
fueconorg-4928	120	6	strategies	strategy	NOUN
fueconorg-4928	120	7	is	be	AUX
fueconorg-4928	120	8	associated	associate	VERB
fueconorg-4928	120	9	with	with	ADP
fueconorg-4928	120	10	traders	trader	NOUN
fueconorg-4928	120	11	who	who	PRON
fueconorg-4928	120	12	primarily	primarily	ADV
fueconorg-4928	120	13	trade	trade	VERB
fueconorg-4928	120	14	by	by	ADP
fueconorg-4928	120	15	placing	place	VERB
fueconorg-4928	120	16	market	market	NOUN
fueconorg-4928	120	17	orders	order	NOUN
fueconorg-4928	120	18	,	,	PUNCT
fueconorg-4928	120	19	while	while	SCONJ
fueconorg-4928	120	20	,	,	PUNCT
fueconorg-4928	120	21	on	on	ADP
fueconorg-4928	120	22	the	the	DET
fueconorg-4928	120	23	other	other	ADJ
fueconorg-4928	120	24	hand	hand	NOUN
fueconorg-4928	120	25	,	,	PUNCT
fueconorg-4928	120	26	the	the	DET
fueconorg-4928	120	27	implementation	implementation	NOUN
fueconorg-4928	120	28	of	of	ADP
fueconorg-4928	120	29	trade	trade	NOUN
fueconorg-4928	120	30	through	through	ADP
fueconorg-4928	120	31	the	the	DET
fueconorg-4928	120	32	limit	limit	NOUN
fueconorg-4928	120	33	order	order	NOUN
fueconorg-4928	120	34	indicates	indicate	VERB
fueconorg-4928	120	35	traders	trader	NOUN
fueconorg-4928	120	36	who	who	PRON
fueconorg-4928	120	37	opt	opt	VERB
fueconorg-4928	120	38	for	for	ADP
fueconorg-4928	120	39	passive	passive	ADJ
fueconorg-4928	120	40	trading	trading	NOUN
fueconorg-4928	120	41	strategies	strategy	NOUN
fueconorg-4928	120	42	(	(	PUNCT
fueconorg-4928	120	43	lakić	lakić	PROPN
fueconorg-4928	120	44	,	,	PUNCT
fueconorg-4928	120	45	2014	2014	NUM
fueconorg-4928	120	46	,	,	PUNCT
fueconorg-4928	120	47	pp	pp	ADJ
fueconorg-4928	120	48	.	.	PUNCT
fueconorg-4928	120	49	15	15	NUM
fueconorg-4928	120	50	)	)	PUNCT
fueconorg-4928	120	51	.	.	PUNCT
fueconorg-4928	121	1	traders	trader	NOUN
fueconorg-4928	121	2	use	use	VERB
fueconorg-4928	121	3	aggressive	aggressive	ADJ
fueconorg-4928	121	4	strategies	strategy	NOUN
fueconorg-4928	121	5	to	to	PART
fueconorg-4928	121	6	retain	retain	VERB
fueconorg-4928	121	7	their	their	PRON
fueconorg-4928	121	8	position	position	NOUN
fueconorg-4928	121	9	,	,	PUNCT
fueconorg-4928	121	10	while	while	SCONJ
fueconorg-4928	121	11	their	their	PRON
fueconorg-4928	121	12	trading	trading	NOUN
fueconorg-4928	121	13	is	be	AUX
fueconorg-4928	121	14	focused	focus	VERB
fueconorg-4928	121	15	on	on	ADP
fueconorg-4928	121	16	tracking	track	VERB
fueconorg-4928	121	17	the	the	DET
fueconorg-4928	121	18	latest	late	ADJ
fueconorg-4928	121	19	price	price	NOUN
fueconorg-4928	121	20	trend	trend	NOUN
fueconorg-4928	121	21	(	(	PUNCT
fueconorg-4928	121	22	they	they	PRON
fueconorg-4928	121	23	buy	buy	VERB
fueconorg-4928	121	24	when	when	SCONJ
fueconorg-4928	121	25	prices	price	NOUN
fueconorg-4928	121	26	rise	rise	VERB
fueconorg-4928	121	27	and	and	CCONJ
fueconorg-4928	121	28	sell	sell	VERB
fueconorg-4928	121	29	when	when	SCONJ
fueconorg-4928	121	30	prices	price	NOUN
fueconorg-4928	121	31	fall	fall	VERB
fueconorg-4928	121	32	)	)	PUNCT
fueconorg-4928	121	33	.	.	PUNCT
fueconorg-4928	122	1	passive	passive	ADJ
fueconorg-4928	122	2	strategies	strategy	NOUN
fueconorg-4928	122	3	are	be	AUX
fueconorg-4928	122	4	applied	apply	VERB
fueconorg-4928	122	5	by	by	ADP
fueconorg-4928	122	6	traders	trader	NOUN
fueconorg-4928	122	7	who	who	PRON
fueconorg-4928	122	8	often	often	ADV
fueconorg-4928	122	9	change	change	VERB
fueconorg-4928	122	10	their	their	PRON
fueconorg-4928	122	11	positions	position	NOUN
fueconorg-4928	122	12	in	in	ADP
fueconorg-4928	122	13	a	a	DET
fueconorg-4928	122	14	short	short	ADJ
fueconorg-4928	122	15	period	period	NOUN
fueconorg-4928	122	16	of	of	ADP
fueconorg-4928	122	17	time	time	NOUN
fueconorg-4928	122	18	(	(	PUNCT
fueconorg-4928	122	19	sales	sale	NOUN
fueconorg-4928	122	20	are	be	AUX
fueconorg-4928	122	21	followed	follow	VERB
fueconorg-4928	122	22	by	by	ADP
fueconorg-4928	122	23	purchases	purchase	NOUN
fueconorg-4928	122	24	,	,	PUNCT
fueconorg-4928	122	25	and	and	CCONJ
fueconorg-4928	122	26	vice	vice	ADV
fueconorg-4928	122	27	versa	versa	ADV
fueconorg-4928	122	28	)	)	PUNCT
fueconorg-4928	122	29	.	.	PUNCT
fueconorg-4928	123	1	the	the	DET
fueconorg-4928	123	2	relationship	relationship	NOUN
fueconorg-4928	123	3	between	between	ADP
fueconorg-4928	123	4	human	human	ADJ
fueconorg-4928	123	5	participants	participant	NOUN
fueconorg-4928	123	6	who	who	PRON
fueconorg-4928	123	7	designed	design	VERB
fueconorg-4928	123	8	trading	trading	NOUN
fueconorg-4928	123	9	strategies	strategy	NOUN
fueconorg-4928	123	10	and	and	CCONJ
fueconorg-4928	123	11	computers	computer	NOUN
fueconorg-4928	123	12	which	which	PRON
fueconorg-4928	123	13	executed	execute	VERB
fueconorg-4928	123	14	trading	trading	NOUN
fueconorg-4928	123	15	orders	order	NOUN
fueconorg-4928	123	16	deepened	deepen	VERB
fueconorg-4928	123	17	and	and	CCONJ
fueconorg-4928	123	18	evolved	evolve	VERB
fueconorg-4928	123	19	into	into	ADP
fueconorg-4928	123	20	software	software	NOUN
fueconorg-4928	123	21	trading	trading	NOUN
fueconorg-4928	123	22	systems	system	NOUN
fueconorg-4928	123	23	(	(	PUNCT
fueconorg-4928	123	24	zook	zook	PROPN
fueconorg-4928	123	25	&	&	CCONJ
fueconorg-4928	123	26	grote	grote	PROPN
fueconorg-4928	123	27	,	,	PUNCT
fueconorg-4928	123	28	2016	2016	NUM
fueconorg-4928	123	29	,	,	PUNCT
fueconorg-4928	123	30	pp	pp	ADJ
fueconorg-4928	123	31	.	.	PUNCT
fueconorg-4928	123	32	5	5	NUM
fueconorg-4928	123	33	)	)	PUNCT
fueconorg-4928	123	34	.	.	PUNCT
fueconorg-4928	124	1	the	the	DET
fueconorg-4928	124	2	handling	handling	NOUN
fueconorg-4928	124	3	of	of	ADP
fueconorg-4928	124	4	trading	trading	NOUN
fueconorg-4928	124	5	orders	order	NOUN
fueconorg-4928	124	6	is	be	AUX
fueconorg-4928	124	7	automated	automate	VERB
fueconorg-4928	124	8	with	with	ADP
fueconorg-4928	124	9	the	the	DET
fueconorg-4928	124	10	help	help	NOUN
fueconorg-4928	124	11	of	of	ADP
fueconorg-4928	124	12	a	a	DET
fueconorg-4928	124	13	software	software	NOUN
fueconorg-4928	124	14	with	with	ADP
fueconorg-4928	124	15	implemented	implement	VERB
fueconorg-4928	124	16	trading	trading	NOUN
fueconorg-4928	124	17	strategies	strategy	NOUN
fueconorg-4928	124	18	.	.	PUNCT
fueconorg-4928	125	1	the	the	DET
fueconorg-4928	125	2	development	development	NOUN
fueconorg-4928	125	3	of	of	ADP
fueconorg-4928	125	4	the	the	DET
fueconorg-4928	125	5	impact	impact	NOUN
fueconorg-4928	125	6	of	of	ADP
fueconorg-4928	125	7	automated	automate	VERB
fueconorg-4928	125	8	trading	trading	NOUN
fueconorg-4928	125	9	systems	system	NOUN
fueconorg-4928	125	10	on	on	ADP
fueconorg-4928	125	11	financial	financial	ADJ
fueconorg-4928	125	12	market	market	NOUN
fueconorg-4928	125	13	stability	stability	NOUN
fueconorg-4928	125	14	261	261	NUM
fueconorg-4928	125	15	automated	automate	VERB
fueconorg-4928	125	16	trading	trading	NOUN
fueconorg-4928	125	17	software	software	NOUN
fueconorg-4928	125	18	begins	begin	VERB
fueconorg-4928	125	19	with	with	ADP
fueconorg-4928	125	20	a	a	DET
fueconorg-4928	125	21	trading	trading	NOUN
fueconorg-4928	125	22	plan	plan	NOUN
fueconorg-4928	125	23	,	,	PUNCT
fueconorg-4928	125	24	i.e.	i.e.	X
fueconorg-4928	125	25	it	it	PRON
fueconorg-4928	125	26	is	be	AUX
fueconorg-4928	125	27	necessary	necessary	ADJ
fueconorg-4928	125	28	to	to	PART
fueconorg-4928	125	29	formulate	formulate	VERB
fueconorg-4928	125	30	how	how	SCONJ
fueconorg-4928	125	31	the	the	DET
fueconorg-4928	125	32	trading	trading	NOUN
fueconorg-4928	125	33	strategy	strategy	NOUN
fueconorg-4928	125	34	should	should	AUX
fueconorg-4928	125	35	function	function	VERB
fueconorg-4928	125	36	and	and	CCONJ
fueconorg-4928	125	37	what	what	PRON
fueconorg-4928	125	38	is	be	AUX
fueconorg-4928	125	39	expected	expect	VERB
fueconorg-4928	125	40	from	from	ADP
fueconorg-4928	125	41	such	such	DET
fueconorg-4928	125	42	a	a	DET
fueconorg-4928	125	43	strategy	strategy	NOUN
fueconorg-4928	125	44	.	.	PUNCT
fueconorg-4928	126	1	parameters	parameter	NOUN
fueconorg-4928	126	2	having	having	AUX
fueconorg-4928	126	3	been	be	AUX
fueconorg-4928	126	4	optimized	optimize	VERB
fueconorg-4928	126	5	and	and	CCONJ
fueconorg-4928	126	6	satisfactory	satisfactory	ADJ
fueconorg-4928	126	7	results	result	NOUN
fueconorg-4928	126	8	confirmed	confirm	VERB
fueconorg-4928	126	9	by	by	ADP
fueconorg-4928	126	10	detailed	detailed	ADJ
fueconorg-4928	126	11	testing	testing	NOUN
fueconorg-4928	126	12	,	,	PUNCT
fueconorg-4928	126	13	the	the	DET
fueconorg-4928	126	14	systems	system	NOUN
fueconorg-4928	126	15	for	for	ADP
fueconorg-4928	126	16	automatic	automatic	ADJ
fueconorg-4928	126	17	trading	trading	NOUN
fueconorg-4928	126	18	,	,	PUNCT
fueconorg-4928	126	19	i.e.	i.e.	X
fueconorg-4928	126	20	softwares	software	NOUN
fueconorg-4928	126	21	and	and	CCONJ
fueconorg-4928	126	22	their	their	PRON
fueconorg-4928	126	23	strategies	strategy	NOUN
fueconorg-4928	126	24	can	can	AUX
fueconorg-4928	126	25	be	be	AUX
fueconorg-4928	126	26	used	use	VERB
fueconorg-4928	126	27	in	in	ADP
fueconorg-4928	126	28	practical	practical	ADJ
fueconorg-4928	126	29	trading	trading	NOUN
fueconorg-4928	126	30	.	.	PUNCT
fueconorg-4928	127	1	this	this	DET
fueconorg-4928	127	2	procedure	procedure	NOUN
fueconorg-4928	127	3	is	be	AUX
fueconorg-4928	127	4	shown	show	VERB
fueconorg-4928	127	5	in	in	ADP
fueconorg-4928	127	6	figure	figure	NOUN
fueconorg-4928	127	7	1	1	NUM
fueconorg-4928	127	8	.	.	PUNCT
fueconorg-4928	127	9	fig	fig	NOUN
fueconorg-4928	127	10	.	.	PUNCT
fueconorg-4928	128	1	1	1	NUM
fueconorg-4928	128	2	the	the	DET
fueconorg-4928	128	3	structure	structure	NOUN
fueconorg-4928	128	4	of	of	ADP
fueconorg-4928	128	5	the	the	DET
fueconorg-4928	128	6	real	real	ADJ
fueconorg-4928	128	7	-	-	PUNCT
fueconorg-4928	128	8	time	time	NOUN
fueconorg-4928	128	9	automated	automate	VERB
fueconorg-4928	128	10	trading	trading	NOUN
fueconorg-4928	128	11	software	software	NOUN
fueconorg-4928	128	12	source	source	NOUN
fueconorg-4928	128	13	:	:	PUNCT
fueconorg-4928	128	14	ilić	ilić	ADJ
fueconorg-4928	128	15	,	,	PUNCT
fueconorg-4928	128	16	v.	v.	PROPN
fueconorg-4928	128	17	(	(	PUNCT
fueconorg-4928	128	18	2010	2010	NUM
fueconorg-4928	128	19	b	b	NOUN
fueconorg-4928	128	20	)	)	PUNCT
fueconorg-4928	128	21	.	.	PUNCT
fueconorg-4928	129	1	the	the	DET
fueconorg-4928	129	2	structure	structure	NOUN
fueconorg-4928	129	3	of	of	ADP
fueconorg-4928	129	4	software	software	NOUN
fueconorg-4928	129	5	for	for	ADP
fueconorg-4928	129	6	automated	automate	VERB
fueconorg-4928	129	7	trading	trading	NOUN
fueconorg-4928	129	8	on	on	ADP
fueconorg-4928	129	9	foreign	foreign	ADJ
fueconorg-4928	129	10	exchange	exchange	NOUN
fueconorg-4928	129	11	market	market	NOUN
fueconorg-4928	129	12	.	.	PUNCT
fueconorg-4928	130	1	automated	automate	VERB
fueconorg-4928	130	2	trading	trading	NOUN
fueconorg-4928	130	3	softwares	software	NOUN
fueconorg-4928	130	4	allow	allow	VERB
fueconorg-4928	130	5	one	one	PRON
fueconorg-4928	130	6	to	to	PART
fueconorg-4928	130	7	track	track	VERB
fueconorg-4928	130	8	a	a	DET
fueconorg-4928	130	9	large	large	ADJ
fueconorg-4928	130	10	number	number	NOUN
fueconorg-4928	130	11	of	of	ADP
fueconorg-4928	130	12	parameters	parameter	NOUN
fueconorg-4928	130	13	and	and	CCONJ
fueconorg-4928	130	14	at	at	ADP
fueconorg-4928	130	15	the	the	DET
fueconorg-4928	130	16	same	same	ADJ
fueconorg-4928	130	17	time	time	NOUN
fueconorg-4928	130	18	make	make	VERB
fueconorg-4928	130	19	it	it	PRON
fueconorg-4928	130	20	easy	easy	ADJ
fueconorg-4928	130	21	to	to	PART
fueconorg-4928	130	22	decide	decide	VERB
fueconorg-4928	130	23	in	in	ADP
fueconorg-4928	130	24	real	real	ADJ
fueconorg-4928	130	25	time	time	NOUN
fueconorg-4928	130	26	.	.	PUNCT
fueconorg-4928	131	1	they	they	PRON
fueconorg-4928	131	2	can	can	AUX
fueconorg-4928	131	3	fully	fully	ADV
fueconorg-4928	131	4	take	take	VERB
fueconorg-4928	131	5	control	control	NOUN
fueconorg-4928	131	6	of	of	ADP
fueconorg-4928	131	7	trading	trading	NOUN
fueconorg-4928	131	8	activities	activity	NOUN
fueconorg-4928	131	9	(	(	PUNCT
fueconorg-4928	131	10	opening	opening	NOUN
fueconorg-4928	131	11	and	and	CCONJ
fueconorg-4928	131	12	closing	closing	NOUN
fueconorg-4928	131	13	positions	position	NOUN
fueconorg-4928	131	14	and	and	CCONJ
fueconorg-4928	131	15	determining	determine	VERB
fueconorg-4928	131	16	the	the	DET
fueconorg-4928	131	17	amount	amount	NOUN
fueconorg-4928	131	18	of	of	ADP
fueconorg-4928	131	19	deposits	deposit	NOUN
fueconorg-4928	131	20	)	)	PUNCT
fueconorg-4928	131	21	.	.	PUNCT
fueconorg-4928	132	1	at	at	ADP
fueconorg-4928	132	2	the	the	DET
fueconorg-4928	132	3	stage	stage	NOUN
fueconorg-4928	132	4	of	of	ADP
fueconorg-4928	132	5	using	use	VERB
fueconorg-4928	132	6	software	software	NOUN
fueconorg-4928	132	7	strategies	strategy	NOUN
fueconorg-4928	132	8	,	,	PUNCT
fueconorg-4928	132	9	the	the	DET
fueconorg-4928	132	10	user	user	NOUN
fueconorg-4928	132	11	should	should	AUX
fueconorg-4928	132	12	not	not	PART
fueconorg-4928	132	13	interfere	interfere	VERB
fueconorg-4928	132	14	with	with	ADP
fueconorg-4928	132	15	the	the	DET
fueconorg-4928	132	16	decisions	decision	NOUN
fueconorg-4928	132	17	made	make	VERB
fueconorg-4928	132	18	by	by	ADP
fueconorg-4928	132	19	the	the	DET
fueconorg-4928	132	20	algorithmic	algorithmic	ADJ
fueconorg-4928	132	21	strategy	strategy	NOUN
fueconorg-4928	132	22	,	,	PUNCT
fueconorg-4928	132	23	but	but	CCONJ
fueconorg-4928	132	24	his	his	PRON
fueconorg-4928	132	25	task	task	NOUN
fueconorg-4928	132	26	is	be	AUX
fueconorg-4928	132	27	to	to	PART
fueconorg-4928	132	28	monitor	monitor	VERB
fueconorg-4928	132	29	the	the	DET
fueconorg-4928	132	30	fulfillment	fulfillment	NOUN
fueconorg-4928	132	31	of	of	ADP
fueconorg-4928	132	32	the	the	DET
fueconorg-4928	132	33	planned	plan	VERB
fueconorg-4928	132	34	results	result	NOUN
fueconorg-4928	132	35	and	and	CCONJ
fueconorg-4928	132	36	the	the	DET
fueconorg-4928	132	37	movement	movement	NOUN
fueconorg-4928	132	38	of	of	ADP
fueconorg-4928	132	39	the	the	DET
fueconorg-4928	132	40	level	level	NOUN
fueconorg-4928	132	41	of	of	ADP
fueconorg-4928	132	42	risk	risk	NOUN
fueconorg-4928	132	43	.	.	PUNCT
fueconorg-4928	133	1	in	in	ADP
fueconorg-4928	133	2	the	the	DET
fueconorg-4928	133	3	case	case	NOUN
fueconorg-4928	133	4	when	when	SCONJ
fueconorg-4928	133	5	software	software	NOUN
fueconorg-4928	133	6	does	do	AUX
fueconorg-4928	133	7	not	not	PART
fueconorg-4928	133	8	achieve	achieve	VERB
fueconorg-4928	133	9	desired	desire	VERB
fueconorg-4928	133	10	results	result	NOUN
fueconorg-4928	133	11	,	,	PUNCT
fueconorg-4928	133	12	it	it	PRON
fueconorg-4928	133	13	is	be	AUX
fueconorg-4928	133	14	necessary	necessary	ADJ
fueconorg-4928	133	15	to	to	PART
fueconorg-4928	133	16	correct	correct	VERB
fueconorg-4928	133	17	the	the	DET
fueconorg-4928	133	18	trading	trading	NOUN
fueconorg-4928	133	19	model	model	NOUN
fueconorg-4928	133	20	and	and	CCONJ
fueconorg-4928	133	21	to	to	PART
fueconorg-4928	133	22	return	return	VERB
fueconorg-4928	133	23	the	the	DET
fueconorg-4928	133	24	strategy	strategy	NOUN
fueconorg-4928	133	25	to	to	ADP
fueconorg-4928	133	26	the	the	DET
fueconorg-4928	133	27	stage	stage	NOUN
fueconorg-4928	133	28	of	of	ADP
fueconorg-4928	133	29	optimization	optimization	NOUN
fueconorg-4928	133	30	and	and	CCONJ
fueconorg-4928	133	31	efficiency	efficiency	NOUN
fueconorg-4928	133	32	testing	testing	NOUN
fueconorg-4928	133	33	.	.	PUNCT
fueconorg-4928	134	1	automated	automate	VERB
fueconorg-4928	134	2	trading	trading	NOUN
fueconorg-4928	134	3	software	software	NOUN
fueconorg-4928	134	4	strictly	strictly	ADV
fueconorg-4928	134	5	adheres	adhere	VERB
fueconorg-4928	134	6	to	to	ADP
fueconorg-4928	134	7	the	the	DET
fueconorg-4928	134	8	given	give	VERB
fueconorg-4928	134	9	strategies	strategy	NOUN
fueconorg-4928	134	10	.	.	PUNCT
fueconorg-4928	135	1	in	in	ADP
fueconorg-4928	135	2	this	this	DET
fueconorg-4928	135	3	way	way	NOUN
fueconorg-4928	135	4	,	,	PUNCT
fueconorg-4928	135	5	the	the	DET
fueconorg-4928	135	6	influence	influence	NOUN
fueconorg-4928	135	7	of	of	ADP
fueconorg-4928	135	8	human	human	ADJ
fueconorg-4928	135	9	emotions	emotion	NOUN
fueconorg-4928	135	10	on	on	ADP
fueconorg-4928	135	11	decision	decision	NOUN
fueconorg-4928	135	12	making	making	NOUN
fueconorg-4928	135	13	is	be	AUX
fueconorg-4928	135	14	reduced	reduce	VERB
fueconorg-4928	135	15	and	and	CCONJ
fueconorg-4928	135	16	it	it	PRON
fueconorg-4928	135	17	is	be	AUX
fueconorg-4928	135	18	possible	possible	ADJ
fueconorg-4928	135	19	to	to	PART
fueconorg-4928	135	20	overcome	overcome	VERB
fueconorg-4928	135	21	problems	problem	NOUN
fueconorg-4928	135	22	that	that	PRON
fueconorg-4928	135	23	may	may	AUX
fueconorg-4928	135	24	arise	arise	VERB
fueconorg-4928	135	25	from	from	ADP
fueconorg-4928	135	26	neglect	neglect	NOUN
fueconorg-4928	135	27	or	or	CCONJ
fueconorg-4928	135	28	lack	lack	NOUN
fueconorg-4928	135	29	of	of	ADP
fueconorg-4928	135	30	concentration	concentration	NOUN
fueconorg-4928	135	31	(	(	PUNCT
fueconorg-4928	135	32	ilić	ilić	ADJ
fueconorg-4928	135	33	,	,	PUNCT
fueconorg-4928	135	34	2010	2010	NUM
fueconorg-4928	135	35	a	a	NOUN
fueconorg-4928	135	36	)	)	PUNCT
fueconorg-4928	135	37	.	.	PUNCT
fueconorg-4928	136	1	no	no	INTJ
fueconorg-4928	137	1	yes	yes	INTJ
fueconorg-4928	138	1	yes	yes	INTJ
fueconorg-4928	139	1	yes	yes	INTJ
fueconorg-4928	140	1	yes	yes	INTJ
fueconorg-4928	141	1	no	no	INTJ
fueconorg-4928	142	1	no	no	INTJ
fueconorg-4928	142	2	no	no	DET
fueconorg-4928	142	3	input	input	NOUN
fueconorg-4928	142	4	strategy	strategy	NOUN
fueconorg-4928	142	5	output	output	NOUN
fueconorg-4928	142	6	strategy	strategy	NOUN
fueconorg-4928	142	7	262	262	NUM
fueconorg-4928	142	8	v.	v.	ADP
fueconorg-4928	142	9	todorović	todorović	PROPN
fueconorg-4928	142	10	,	,	PUNCT
fueconorg-4928	142	11	a.	a.	NOUN
fueconorg-4928	142	12	pešterac	pešterac	PROPN
fueconorg-4928	142	13	,	,	PUNCT
fueconorg-4928	142	14	n.	n.	NOUN
fueconorg-4928	142	15	tomić	tomić	NOUN
fueconorg-4928	142	16	4	4	NUM
fueconorg-4928	142	17	.	.	PUNCT
fueconorg-4928	142	18	empirical	empirical	ADJ
fueconorg-4928	142	19	evidence	evidence	NOUN
fueconorg-4928	142	20	related	relate	VERB
fueconorg-4928	142	21	to	to	ADP
fueconorg-4928	142	22	automated	automate	VERB
fueconorg-4928	142	23	trading	trading	NOUN
fueconorg-4928	142	24	systems	system	NOUN
fueconorg-4928	142	25	automated	automate	VERB
fueconorg-4928	142	26	trading	trading	NOUN
fueconorg-4928	142	27	systems	system	NOUN
fueconorg-4928	142	28	have	have	AUX
fueconorg-4928	142	29	created	create	VERB
fueconorg-4928	142	30	a	a	DET
fueconorg-4928	142	31	number	number	NOUN
fueconorg-4928	142	32	of	of	ADP
fueconorg-4928	142	33	new	new	ADJ
fueconorg-4928	142	34	challenges	challenge	NOUN
fueconorg-4928	142	35	and	and	CCONJ
fueconorg-4928	142	36	opportunities	opportunity	NOUN
fueconorg-4928	142	37	for	for	ADP
fueconorg-4928	142	38	both	both	DET
fueconorg-4928	142	39	investors	investor	NOUN
fueconorg-4928	142	40	and	and	CCONJ
fueconorg-4928	142	41	their	their	PRON
fueconorg-4928	142	42	regulators	regulator	NOUN
fueconorg-4928	142	43	.	.	PUNCT
fueconorg-4928	143	1	since	since	SCONJ
fueconorg-4928	143	2	traders	trader	NOUN
fueconorg-4928	143	3	have	have	AUX
fueconorg-4928	143	4	been	be	AUX
fueconorg-4928	143	5	given	give	VERB
fueconorg-4928	143	6	the	the	DET
fueconorg-4928	143	7	opportunity	opportunity	NOUN
fueconorg-4928	143	8	to	to	PART
fueconorg-4928	143	9	better	well	ADV
fueconorg-4928	143	10	adapt	adapt	VERB
fueconorg-4928	143	11	their	their	PRON
fueconorg-4928	143	12	bids	bid	NOUN
fueconorg-4928	143	13	to	to	ADP
fueconorg-4928	143	14	new	new	ADJ
fueconorg-4928	143	15	market	market	NOUN
fueconorg-4928	143	16	information	information	NOUN
fueconorg-4928	143	17	over	over	ADP
fueconorg-4928	143	18	the	the	DET
fueconorg-4928	143	19	past	past	ADJ
fueconorg-4928	143	20	few	few	ADJ
fueconorg-4928	143	21	years	year	NOUN
fueconorg-4928	143	22	,	,	PUNCT
fueconorg-4928	143	23	the	the	DET
fueconorg-4928	143	24	share	share	NOUN
fueconorg-4928	143	25	of	of	ADP
fueconorg-4928	143	26	high	high	ADJ
fueconorg-4928	143	27	-	-	PUNCT
fueconorg-4928	143	28	frequency	frequency	NOUN
fueconorg-4928	143	29	trading	trading	NOUN
fueconorg-4928	143	30	in	in	ADP
fueconorg-4928	143	31	the	the	DET
fueconorg-4928	143	32	overall	overall	ADJ
fueconorg-4928	143	33	stock	stock	NOUN
fueconorg-4928	143	34	trading	trading	NOUN
fueconorg-4928	143	35	turnover	turnover	NOUN
fueconorg-4928	143	36	has	have	AUX
fueconorg-4928	143	37	grown	grow	VERB
fueconorg-4928	143	38	sharply	sharply	ADV
fueconorg-4928	143	39	,	,	PUNCT
fueconorg-4928	143	40	while	while	SCONJ
fueconorg-4928	143	41	market	market	NOUN
fueconorg-4928	143	42	liquidity	liquidity	NOUN
fueconorg-4928	143	43	has	have	AUX
fueconorg-4928	143	44	been	be	AUX
fueconorg-4928	143	45	constantly	constantly	ADV
fueconorg-4928	143	46	improving	improve	VERB
fueconorg-4928	143	47	(	(	PUNCT
fueconorg-4928	143	48	jones	jones	PROPN
fueconorg-4928	143	49	,	,	PUNCT
fueconorg-4928	143	50	2013	2013	NUM
fueconorg-4928	143	51	,	,	PUNCT
fueconorg-4928	143	52	pp	pp	ADJ
fueconorg-4928	143	53	.	.	PUNCT
fueconorg-4928	144	1	2	2	NUM
fueconorg-4928	144	2	)	)	PUNCT
fueconorg-4928	144	3	.	.	PUNCT
fueconorg-4928	145	1	diagram	diagram	PROPN
fueconorg-4928	145	2	1	1	NUM
fueconorg-4928	145	3	shows	show	VERB
fueconorg-4928	145	4	the	the	DET
fueconorg-4928	145	5	changing	change	VERB
fueconorg-4928	145	6	trend	trend	NOUN
fueconorg-4928	145	7	of	of	ADP
fueconorg-4928	145	8	high	high	ADJ
fueconorg-4928	145	9	-	-	PUNCT
fueconorg-4928	145	10	frequency	frequency	NOUN
fueconorg-4928	145	11	trading	trading	NOUN
fueconorg-4928	145	12	share	share	NOUN
fueconorg-4928	145	13	in	in	ADP
fueconorg-4928	145	14	the	the	DET
fueconorg-4928	145	15	overall	overall	ADJ
fueconorg-4928	145	16	volume	volume	NOUN
fueconorg-4928	145	17	of	of	ADP
fueconorg-4928	145	18	stock	stock	NOUN
fueconorg-4928	145	19	trading	trading	NOUN
fueconorg-4928	145	20	in	in	ADP
fueconorg-4928	145	21	the	the	DET
fueconorg-4928	145	22	usa	usa	PROPN
fueconorg-4928	145	23	financial	financial	ADJ
fueconorg-4928	145	24	market	market	NOUN
fueconorg-4928	145	25	.	.	PUNCT
fueconorg-4928	146	1	diagram	diagram	NOUN
fueconorg-4928	146	2	1	1	NUM
fueconorg-4928	146	3	share	share	NOUN
fueconorg-4928	146	4	of	of	ADP
fueconorg-4928	146	5	high	high	ADJ
fueconorg-4928	146	6	-	-	PUNCT
fueconorg-4928	146	7	frequency	frequency	NOUN
fueconorg-4928	146	8	trading	trading	NOUN
fueconorg-4928	146	9	in	in	ADP
fueconorg-4928	146	10	the	the	DET
fueconorg-4928	146	11	overall	overall	ADJ
fueconorg-4928	146	12	stock	stock	NOUN
fueconorg-4928	146	13	trading	trading	NOUN
fueconorg-4928	146	14	turnover	turnover	NOUN
fueconorg-4928	146	15	source	source	NOUN
fueconorg-4928	146	16	:	:	PUNCT
fueconorg-4928	146	17	https://www.theatlas.com/charts/hj3prah_7	https://www.theatlas.com/charts/hj3prah_7	NOUN
fueconorg-4928	146	18	during	during	ADP
fueconorg-4928	146	19	the	the	DET
fueconorg-4928	146	20	observed	observed	ADJ
fueconorg-4928	146	21	period	period	NOUN
fueconorg-4928	146	22	of	of	ADP
fueconorg-4928	146	23	time	time	NOUN
fueconorg-4928	146	24	,	,	PUNCT
fueconorg-4928	146	25	a	a	DET
fueconorg-4928	146	26	significant	significant	ADJ
fueconorg-4928	146	27	increase	increase	NOUN
fueconorg-4928	146	28	in	in	ADP
fueconorg-4928	146	29	the	the	DET
fueconorg-4928	146	30	volume	volume	NOUN
fueconorg-4928	146	31	of	of	ADP
fueconorg-4928	146	32	automated	automate	VERB
fueconorg-4928	146	33	trading	trading	NOUN
fueconorg-4928	146	34	was	be	AUX
fueconorg-4928	146	35	recorded	record	VERB
fueconorg-4928	146	36	.	.	PUNCT
fueconorg-4928	147	1	the	the	DET
fueconorg-4928	147	2	share	share	NOUN
fueconorg-4928	147	3	of	of	ADP
fueconorg-4928	147	4	high	high	ADJ
fueconorg-4928	147	5	-	-	PUNCT
fueconorg-4928	147	6	frequency	frequency	NOUN
fueconorg-4928	147	7	trading	trading	NOUN
fueconorg-4928	147	8	in	in	ADP
fueconorg-4928	147	9	the	the	DET
fueconorg-4928	147	10	overall	overall	ADJ
fueconorg-4928	147	11	stock	stock	NOUN
fueconorg-4928	147	12	trading	trading	NOUN
fueconorg-4928	147	13	in	in	ADP
fueconorg-4928	147	14	the	the	DET
fueconorg-4928	147	15	usa	usa	PROPN
fueconorg-4928	147	16	financial	financial	ADJ
fueconorg-4928	147	17	market	market	NOUN
fueconorg-4928	147	18	increased	increase	VERB
fueconorg-4928	147	19	from	from	ADP
fueconorg-4928	147	20	around	around	ADP
fueconorg-4928	147	21	25	25	NUM
fueconorg-4928	147	22	%	%	NOUN
fueconorg-4928	147	23	in	in	ADP
fueconorg-4928	147	24	2006	2006	NUM
fueconorg-4928	147	25	to	to	ADP
fueconorg-4928	147	26	over	over	ADP
fueconorg-4928	147	27	60	60	NUM
fueconorg-4928	147	28	%	%	NOUN
fueconorg-4928	147	29	in	in	ADP
fueconorg-4928	147	30	2009	2009	NUM
fueconorg-4928	147	31	.	.	PUNCT
fueconorg-4928	148	1	with	with	ADP
fueconorg-4928	148	2	the	the	DET
fueconorg-4928	148	3	onset	onset	NOUN
fueconorg-4928	148	4	of	of	ADP
fueconorg-4928	148	5	the	the	DET
fueconorg-4928	148	6	global	global	ADJ
fueconorg-4928	148	7	economic	economic	ADJ
fueconorg-4928	148	8	crisis	crisis	NOUN
fueconorg-4928	148	9	,	,	PUNCT
fueconorg-4928	148	10	a	a	DET
fueconorg-4928	148	11	further	further	ADJ
fueconorg-4928	148	12	trend	trend	NOUN
fueconorg-4928	148	13	of	of	ADP
fueconorg-4928	148	14	increasing	increase	VERB
fueconorg-4928	148	15	the	the	DET
fueconorg-4928	148	16	share	share	NOUN
fueconorg-4928	148	17	of	of	ADP
fueconorg-4928	148	18	highfrequency	highfrequency	NOUN
fueconorg-4928	148	19	trade	trade	NOUN
fueconorg-4928	148	20	stopped	stop	VERB
fueconorg-4928	148	21	.	.	PUNCT
fueconorg-4928	149	1	from	from	ADP
fueconorg-4928	149	2	2010	2010	NUM
fueconorg-4928	149	3	onwards	onward	NOUN
fueconorg-4928	149	4	,	,	PUNCT
fueconorg-4928	149	5	a	a	DET
fueconorg-4928	149	6	steady	steady	ADJ
fueconorg-4928	149	7	decline	decline	NOUN
fueconorg-4928	149	8	and	and	CCONJ
fueconorg-4928	149	9	stagnation	stagnation	NOUN
fueconorg-4928	149	10	was	be	AUX
fueconorg-4928	149	11	noted	note	VERB
fueconorg-4928	149	12	in	in	ADP
fueconorg-4928	149	13	high	high	ADJ
fueconorg-4928	149	14	-	-	PUNCT
fueconorg-4928	149	15	frequency	frequency	NOUN
fueconorg-4928	149	16	trading	trading	NOUN
fueconorg-4928	149	17	.	.	PUNCT
fueconorg-4928	150	1	the	the	DET
fueconorg-4928	150	2	share	share	NOUN
fueconorg-4928	150	3	of	of	ADP
fueconorg-4928	150	4	these	these	DET
fueconorg-4928	150	5	systems	system	NOUN
fueconorg-4928	150	6	in	in	ADP
fueconorg-4928	150	7	post	post	ADJ
fueconorg-4928	150	8	-	-	ADJ
fueconorg-4928	150	9	crisis	crisis	NOUN
fueconorg-4928	150	10	years	year	NOUN
fueconorg-4928	150	11	was	be	AUX
fueconorg-4928	150	12	around	around	ADV
fueconorg-4928	150	13	50	50	NUM
fueconorg-4928	150	14	%	%	NOUN
fueconorg-4928	150	15	.	.	PUNCT
fueconorg-4928	151	1	these	these	DET
fueconorg-4928	151	2	data	datum	NOUN
fueconorg-4928	151	3	gain	gain	VERB
fueconorg-4928	151	4	on	on	ADP
fueconorg-4928	151	5	significance	significance	NOUN
fueconorg-4928	151	6	when	when	SCONJ
fueconorg-4928	151	7	compared	compare	VERB
fueconorg-4928	151	8	with	with	ADP
fueconorg-4928	151	9	the	the	DET
fueconorg-4928	151	10	total	total	ADJ
fueconorg-4928	151	11	annual	annual	ADJ
fueconorg-4928	151	12	number	number	NOUN
fueconorg-4928	151	13	of	of	ADP
fueconorg-4928	151	14	trades	trade	NOUN
fueconorg-4928	151	15	presented	present	VERB
fueconorg-4928	151	16	in	in	ADP
fueconorg-4928	151	17	table	table	NOUN
fueconorg-4928	151	18	1	1	NUM
fueconorg-4928	151	19	.	.	PUNCT
fueconorg-4928	152	1	it	it	PRON
fueconorg-4928	152	2	can	can	AUX
fueconorg-4928	152	3	be	be	AUX
fueconorg-4928	152	4	seen	see	VERB
fueconorg-4928	152	5	that	that	SCONJ
fueconorg-4928	152	6	in	in	ADP
fueconorg-4928	152	7	the	the	DET
fueconorg-4928	152	8	period	period	NOUN
fueconorg-4928	152	9	2004	2004	NUM
fueconorg-4928	152	10	-	-	SYM
fueconorg-4928	152	11	2008	2008	NUM
fueconorg-4928	152	12	,	,	PUNCT
fueconorg-4928	152	13	where	where	SCONJ
fueconorg-4928	152	14	the	the	DET
fueconorg-4928	152	15	relative	relative	ADJ
fueconorg-4928	152	16	participation	participation	NOUN
fueconorg-4928	152	17	of	of	ADP
fueconorg-4928	152	18	high	high	ADJ
fueconorg-4928	152	19	-	-	PUNCT
fueconorg-4928	152	20	frequency	frequency	NOUN
fueconorg-4928	152	21	trading	trading	NOUN
fueconorg-4928	152	22	increased	increase	VERB
fueconorg-4928	152	23	,	,	PUNCT
fueconorg-4928	152	24	a	a	DET
fueconorg-4928	152	25	significant	significant	ADJ
fueconorg-4928	152	26	increase	increase	NOUN
fueconorg-4928	152	27	in	in	ADP
fueconorg-4928	152	28	the	the	DET
fueconorg-4928	152	29	overall	overall	ADJ
fueconorg-4928	152	30	volume	volume	NOUN
fueconorg-4928	152	31	of	of	ADP
fueconorg-4928	152	32	trade	trade	NOUN
fueconorg-4928	152	33	was	be	AUX
fueconorg-4928	152	34	marked	mark	VERB
fueconorg-4928	152	35	.	.	PUNCT
fueconorg-4928	153	1	in	in	ADP
fueconorg-4928	153	2	post	post	ADJ
fueconorg-4928	153	3	-	-	ADJ
fueconorg-4928	153	4	crisis	crisis	NOUN
fueconorg-4928	153	5	years	year	NOUN
fueconorg-4928	153	6	,	,	PUNCT
fueconorg-4928	153	7	the	the	DET
fueconorg-4928	153	8	stagnation	stagnation	NOUN
fueconorg-4928	153	9	is	be	AUX
fueconorg-4928	153	10	followed	follow	VERB
fueconorg-4928	153	11	by	by	ADP
fueconorg-4928	153	12	a	a	DET
fueconorg-4928	153	13	fall	fall	NOUN
fueconorg-4928	153	14	in	in	ADP
fueconorg-4928	153	15	the	the	DET
fueconorg-4928	153	16	total	total	ADJ
fueconorg-4928	153	17	annual	annual	ADJ
fueconorg-4928	153	18	trade	trade	NOUN
fueconorg-4928	153	19	volume	volume	NOUN
fueconorg-4928	153	20	.	.	PUNCT
fueconorg-4928	154	1	the	the	DET
fueconorg-4928	154	2	reasons	reason	NOUN
fueconorg-4928	154	3	for	for	ADP
fueconorg-4928	154	4	reducing	reduce	VERB
fueconorg-4928	154	5	high	high	ADJ
fueconorg-4928	154	6	-	-	PUNCT
fueconorg-4928	154	7	frequency	frequency	NOUN
fueconorg-4928	154	8	trading	trading	NOUN
fueconorg-4928	154	9	can	can	AUX
fueconorg-4928	154	10	be	be	AUX
fueconorg-4928	154	11	found	find	VERB
fueconorg-4928	154	12	in	in	ADP
fueconorg-4928	154	13	:	:	PUNCT
fueconorg-4928	154	14	a	a	X
fueconorg-4928	154	15	)	)	PUNCT
fueconorg-4928	154	16	a	a	DET
fueconorg-4928	154	17	smaller	small	ADJ
fueconorg-4928	154	18	amount	amount	NOUN
fueconorg-4928	154	19	of	of	ADP
fueconorg-4928	154	20	revenue	revenue	NOUN
fueconorg-4928	154	21	and	and	CCONJ
fueconorg-4928	154	22	profit	profit	NOUN
fueconorg-4928	154	23	that	that	PRON
fueconorg-4928	154	24	was	be	AUX
fueconorg-4928	154	25	appropriated	appropriate	VERB
fueconorg-4928	154	26	as	as	SCONJ
fueconorg-4928	154	27	the	the	DET
fueconorg-4928	154	28	cost	cost	NOUN
fueconorg-4928	154	29	of	of	ADP
fueconorg-4928	154	30	technological	technological	ADJ
fueconorg-4928	154	31	infrastructure	infrastructure	NOUN
fueconorg-4928	154	32	increased	increase	VERB
fueconorg-4928	154	33	;	;	PUNCT
fueconorg-4928	154	34	b	b	X
fueconorg-4928	154	35	)	)	PUNCT
fueconorg-4928	154	36	the	the	DET
fueconorg-4928	154	37	existence	existence	NOUN
fueconorg-4928	154	38	of	of	ADP
fueconorg-4928	154	39	intense	intense	ADJ
fueconorg-4928	154	40	competition	competition	NOUN
fueconorg-4928	154	41	within	within	ADP
fueconorg-4928	154	42	the	the	DET
fueconorg-4928	154	43	industry	industry	NOUN
fueconorg-4928	154	44	and	and	CCONJ
fueconorg-4928	154	45	c	c	X
fueconorg-4928	154	46	)	)	PUNCT
fueconorg-4928	154	47	the	the	DET
fueconorg-4928	154	48	growth	growth	NOUN
fueconorg-4928	154	49	of	of	ADP
fueconorg-4928	154	50	alternative	alternative	ADJ
fueconorg-4928	154	51	trading	trading	NOUN
fueconorg-4928	154	52	platforms	platform	NOUN
fueconorg-4928	154	53	(	(	PUNCT
fueconorg-4928	154	54	kaya	kaya	PROPN
fueconorg-4928	154	55	,	,	PUNCT
fueconorg-4928	154	56	2016	2016	NUM
fueconorg-4928	154	57	)	)	PUNCT
fueconorg-4928	154	58	.	.	PUNCT
fueconorg-4928	155	1	https://www.theatlas.com/charts/hj3prah_7	https://www.theatlas.com/charts/hj3prah_7	X
fueconorg-4928	156	1	the	the	DET
fueconorg-4928	156	2	impact	impact	NOUN
fueconorg-4928	156	3	of	of	ADP
fueconorg-4928	156	4	automated	automate	VERB
fueconorg-4928	156	5	trading	trading	NOUN
fueconorg-4928	156	6	systems	system	NOUN
fueconorg-4928	156	7	on	on	ADP
fueconorg-4928	156	8	financial	financial	ADJ
fueconorg-4928	156	9	market	market	NOUN
fueconorg-4928	156	10	stability	stability	NOUN
fueconorg-4928	156	11	263	263	NUM
fueconorg-4928	156	12	table	table	NOUN
fueconorg-4928	156	13	1	1	NUM
fueconorg-4928	156	14	total	total	ADJ
fueconorg-4928	156	15	annual	annual	ADJ
fueconorg-4928	156	16	trading	trading	NOUN
fueconorg-4928	156	17	volume	volume	NOUN
fueconorg-4928	156	18	in	in	ADP
fueconorg-4928	156	19	the	the	DET
fueconorg-4928	156	20	usa	usa	PROPN
fueconorg-4928	156	21	financial	financial	ADJ
fueconorg-4928	156	22	market	market	NOUN
fueconorg-4928	156	23	(	(	PUNCT
fueconorg-4928	156	24	in	in	ADP
fueconorg-4928	156	25	millions	million	NOUN
fueconorg-4928	156	26	)	)	PUNCT
fueconorg-4928	156	27	year	year	NOUN
fueconorg-4928	156	28	trading	trading	NOUN
fueconorg-4928	156	29	year	year	NOUN
fueconorg-4928	156	30	trading	trading	NOUN
fueconorg-4928	156	31	year	year	NOUN
fueconorg-4928	156	32	trading	trading	NOUN
fueconorg-4928	156	33	year	year	NOUN
fueconorg-4928	156	34	trading	trading	NOUN
fueconorg-4928	156	35	2002	2002	NUM
fueconorg-4928	156	36	24,678	24,678	NUM
fueconorg-4928	156	37	2007	2007	NUM
fueconorg-4928	156	38	48,957	48,957	NUM
fueconorg-4928	156	39	2011	2011	NUM
fueconorg-4928	156	40	48,820	48,820	NUM
fueconorg-4928	156	41	2015	2015	NUM
fueconorg-4928	156	42	40,866	40,866	NUM
fueconorg-4928	156	43	2003	2003	NUM
fueconorg-4928	156	44	20,405	20,405	NUM
fueconorg-4928	156	45	2008	2008	NUM
fueconorg-4928	156	46	53,889	53,889	NUM
fueconorg-4928	156	47	2012	2012	NUM
fueconorg-4928	156	48	45,390	45,390	NUM
fueconorg-4928	156	49	2016	2016	NUM
fueconorg-4928	156	50	34,795	34,795	NUM
fueconorg-4928	156	51	2004	2004	NUM
fueconorg-4928	156	52	20,629	20,629	NUM
fueconorg-4928	156	53	2009	2009	NUM
fueconorg-4928	156	54	51,001	51,001	NUM
fueconorg-4928	156	55	2013	2013	NUM
fueconorg-4928	156	56	42,371	42,371	NUM
fueconorg-4928	156	57	2017	2017	NUM
fueconorg-4928	156	58	34,844	34,844	NUM
fueconorg-4928	156	59	2005	2005	NUM
fueconorg-4928	156	60	38,372	38,372	NUM
fueconorg-4928	156	61	2010	2010	NUM
fueconorg-4928	156	62	44,794	44,794	NUM
fueconorg-4928	156	63	2014	2014	NUM
fueconorg-4928	156	64	40,944	40,944	NUM
fueconorg-4928	156	65	2018	2018	NUM
fueconorg-4928	156	66	34,691	34,691	NUM
fueconorg-4928	156	67	source	source	NOUN
fueconorg-4928	156	68	:	:	PUNCT
fueconorg-4928	156	69	https://www.itg.com/trading-volume/year/	https://www.itg.com/trading-volume/year/	VERB
fueconorg-4928	156	70	the	the	DET
fueconorg-4928	156	71	application	application	NOUN
fueconorg-4928	156	72	of	of	ADP
fueconorg-4928	156	73	automated	automate	VERB
fueconorg-4928	156	74	trading	trading	NOUN
fueconorg-4928	156	75	systems	system	NOUN
fueconorg-4928	156	76	to	to	ADP
fueconorg-4928	156	77	an	an	DET
fueconorg-4928	156	78	increasing	increase	VERB
fueconorg-4928	156	79	number	number	NOUN
fueconorg-4928	156	80	of	of	ADP
fueconorg-4928	156	81	markets	market	NOUN
fueconorg-4928	156	82	is	be	AUX
fueconorg-4928	156	83	owed	owe	VERB
fueconorg-4928	156	84	to	to	ADP
fueconorg-4928	156	85	some	some	PRON
fueconorg-4928	156	86	of	of	ADP
fueconorg-4928	156	87	their	their	PRON
fueconorg-4928	156	88	key	key	ADJ
fueconorg-4928	156	89	features	feature	NOUN
fueconorg-4928	156	90	.	.	PUNCT
fueconorg-4928	157	1	the	the	DET
fueconorg-4928	157	2	speed	speed	NOUN
fueconorg-4928	157	3	of	of	ADP
fueconorg-4928	157	4	order	order	NOUN
fueconorg-4928	157	5	execution	execution	NOUN
fueconorg-4928	157	6	as	as	ADP
fueconorg-4928	157	7	one	one	NUM
fueconorg-4928	157	8	of	of	ADP
fueconorg-4928	157	9	main	main	ADJ
fueconorg-4928	157	10	features	feature	NOUN
fueconorg-4928	157	11	has	have	AUX
fueconorg-4928	157	12	been	be	AUX
fueconorg-4928	157	13	increasing	increase	VERB
fueconorg-4928	157	14	significantly	significantly	ADV
fueconorg-4928	157	15	from	from	ADP
fueconorg-4928	157	16	year	year	NOUN
fueconorg-4928	157	17	to	to	ADP
fueconorg-4928	157	18	year	year	NOUN
fueconorg-4928	157	19	(	(	PUNCT
fueconorg-4928	157	20	jones	jones	PROPN
fueconorg-4928	157	21	,	,	PUNCT
fueconorg-4928	157	22	2013	2013	NUM
fueconorg-4928	157	23	;	;	PUNCT
fueconorg-4928	157	24	carrion	carrion	NOUN
fueconorg-4928	157	25	,	,	PUNCT
fueconorg-4928	157	26	2013	2013	NUM
fueconorg-4928	157	27	;	;	PUNCT
fueconorg-4928	157	28	dubey	dubey	PROPN
fueconorg-4928	157	29	,	,	PUNCT
fueconorg-4928	157	30	chauhan	chauhan	PROPN
fueconorg-4928	157	31	,	,	PUNCT
fueconorg-4928	157	32	&	&	CCONJ
fueconorg-4928	157	33	syamala	syamala	NOUN
fueconorg-4928	157	34	,	,	PUNCT
fueconorg-4928	157	35	2017	2017	NUM
fueconorg-4928	157	36	)	)	PUNCT
fueconorg-4928	157	37	.	.	PUNCT
fueconorg-4928	158	1	in	in	ADP
fueconorg-4928	158	2	addition	addition	NOUN
fueconorg-4928	158	3	to	to	ADP
fueconorg-4928	158	4	this	this	PRON
fueconorg-4928	158	5	,	,	PUNCT
fueconorg-4928	158	6	the	the	DET
fueconorg-4928	158	7	key	key	ADJ
fueconorg-4928	158	8	advantage	advantage	NOUN
fueconorg-4928	158	9	is	be	AUX
fueconorg-4928	158	10	considered	consider	VERB
fueconorg-4928	158	11	to	to	PART
fueconorg-4928	158	12	be	be	AUX
fueconorg-4928	158	13	real	real	ADJ
fueconorg-4928	158	14	-	-	PUNCT
fueconorg-4928	158	15	time	time	NOUN
fueconorg-4928	158	16	decision	decision	NOUN
fueconorg-4928	158	17	making	making	NOUN
fueconorg-4928	158	18	,	,	PUNCT
fueconorg-4928	158	19	along	along	ADP
fueconorg-4928	158	20	with	with	ADP
fueconorg-4928	158	21	the	the	DET
fueconorg-4928	158	22	observation	observation	NOUN
fueconorg-4928	158	23	of	of	ADP
fueconorg-4928	158	24	a	a	DET
fueconorg-4928	158	25	large	large	ADJ
fueconorg-4928	158	26	number	number	NOUN
fueconorg-4928	158	27	of	of	ADP
fueconorg-4928	158	28	parameters	parameter	NOUN
fueconorg-4928	158	29	.	.	PUNCT
fueconorg-4928	159	1	companies	company	NOUN
fueconorg-4928	159	2	using	use	VERB
fueconorg-4928	159	3	high	high	ADJ
fueconorg-4928	159	4	-	-	PUNCT
fueconorg-4928	159	5	frequency	frequency	NOUN
fueconorg-4928	159	6	systems	system	NOUN
fueconorg-4928	159	7	trade	trade	VERB
fueconorg-4928	159	8	hundreds	hundred	NOUN
fueconorg-4928	159	9	or	or	CCONJ
fueconorg-4928	159	10	thousands	thousand	NOUN
fueconorg-4928	159	11	of	of	ADP
fueconorg-4928	159	12	times	time	NOUN
fueconorg-4928	159	13	a	a	DET
fueconorg-4928	159	14	day	day	NOUN
fueconorg-4928	159	15	for	for	ADP
fueconorg-4928	159	16	their	their	PRON
fueconorg-4928	159	17	own	own	ADJ
fueconorg-4928	159	18	account	account	NOUN
fueconorg-4928	159	19	,	,	PUNCT
fueconorg-4928	159	20	where	where	SCONJ
fueconorg-4928	159	21	holding	holding	NOUN
fueconorg-4928	159	22	periods	period	NOUN
fueconorg-4928	159	23	are	be	AUX
fueconorg-4928	159	24	measured	measure	VERB
fueconorg-4928	159	25	in	in	ADP
fueconorg-4928	159	26	minutes	minute	NOUN
fueconorg-4928	159	27	or	or	CCONJ
fueconorg-4928	159	28	seconds	second	NOUN
fueconorg-4928	159	29	.	.	PUNCT
fueconorg-4928	160	1	a	a	DET
fueconorg-4928	160	2	recent	recent	ADJ
fueconorg-4928	160	3	research	research	NOUN
fueconorg-4928	160	4	conducted	conduct	VERB
fueconorg-4928	160	5	by	by	ADP
fueconorg-4928	160	6	indian	indian	ADJ
fueconorg-4928	160	7	authors	author	NOUN
fueconorg-4928	160	8	(	(	PUNCT
fueconorg-4928	160	9	dubey	dubey	PROPN
fueconorg-4928	160	10	,	,	PUNCT
fueconorg-4928	160	11	chauhan	chauhan	PROPN
fueconorg-4928	160	12	,	,	PUNCT
fueconorg-4928	160	13	&	&	CCONJ
fueconorg-4928	160	14	syamala	syamala	NOUN
fueconorg-4928	160	15	,	,	PUNCT
fueconorg-4928	160	16	2017	2017	NUM
fueconorg-4928	160	17	)	)	PUNCT
fueconorg-4928	160	18	confirms	confirm	VERB
fueconorg-4928	160	19	that	that	SCONJ
fueconorg-4928	160	20	in	in	ADP
fueconorg-4928	160	21	the	the	DET
fueconorg-4928	160	22	first	first	ADJ
fueconorg-4928	160	23	five	five	NUM
fueconorg-4928	160	24	years	year	NOUN
fueconorg-4928	160	25	of	of	ADP
fueconorg-4928	160	26	the	the	DET
fueconorg-4928	160	27	automated	automate	VERB
fueconorg-4928	160	28	trading	trading	NOUN
fueconorg-4928	160	29	system	system	NOUN
fueconorg-4928	160	30	implementation	implementation	NOUN
fueconorg-4928	160	31	in	in	ADP
fueconorg-4928	160	32	2009	2009	NUM
fueconorg-4928	160	33	,	,	PUNCT
fueconorg-4928	160	34	due	due	ADP
fueconorg-4928	160	35	to	to	ADP
fueconorg-4928	160	36	the	the	DET
fueconorg-4928	160	37	high	high	ADJ
fueconorg-4928	160	38	speed	speed	NOUN
fueconorg-4928	160	39	of	of	ADP
fueconorg-4928	160	40	transfer	transfer	NOUN
fueconorg-4928	160	41	,	,	PUNCT
fueconorg-4928	160	42	the	the	DET
fueconorg-4928	160	43	volume	volume	NOUN
fueconorg-4928	160	44	of	of	ADP
fueconorg-4928	160	45	trading	trading	NOUN
fueconorg-4928	160	46	in	in	ADP
fueconorg-4928	160	47	financial	financial	ADJ
fueconorg-4928	160	48	markets	market	NOUN
fueconorg-4928	160	49	increased	increase	VERB
fueconorg-4928	160	50	by	by	ADP
fueconorg-4928	160	51	60	60	NUM
fueconorg-4928	160	52	%	%	NOUN
fueconorg-4928	160	53	.	.	PUNCT
fueconorg-4928	161	1	the	the	DET
fueconorg-4928	161	2	motive	motive	NOUN
fueconorg-4928	161	3	for	for	ADP
fueconorg-4928	161	4	high	high	ADJ
fueconorg-4928	161	5	-	-	PUNCT
fueconorg-4928	161	6	frequency	frequency	NOUN
fueconorg-4928	161	7	trading	trading	NOUN
fueconorg-4928	161	8	implementation	implementation	NOUN
fueconorg-4928	161	9	is	be	AUX
fueconorg-4928	161	10	to	to	PART
fueconorg-4928	161	11	generate	generate	VERB
fueconorg-4928	161	12	revenue	revenue	NOUN
fueconorg-4928	161	13	.	.	PUNCT
fueconorg-4928	162	1	however	however	ADV
fueconorg-4928	162	2	,	,	PUNCT
fueconorg-4928	162	3	traders	trader	NOUN
fueconorg-4928	162	4	who	who	PRON
fueconorg-4928	162	5	do	do	AUX
fueconorg-4928	162	6	not	not	PART
fueconorg-4928	162	7	possess	possess	VERB
fueconorg-4928	162	8	the	the	DET
fueconorg-4928	162	9	technological	technological	ADJ
fueconorg-4928	162	10	infrastructure	infrastructure	NOUN
fueconorg-4928	162	11	necessary	necessary	ADJ
fueconorg-4928	162	12	to	to	PART
fueconorg-4928	162	13	implement	implement	VERB
fueconorg-4928	162	14	these	these	DET
fueconorg-4928	162	15	systems	system	NOUN
fueconorg-4928	162	16	face	face	VERB
fueconorg-4928	162	17	the	the	DET
fueconorg-4928	162	18	high	high	ADJ
fueconorg-4928	162	19	costs	cost	NOUN
fueconorg-4928	162	20	of	of	ADP
fueconorg-4928	162	21	introducing	introduce	VERB
fueconorg-4928	162	22	new	new	ADJ
fueconorg-4928	162	23	equipment	equipment	NOUN
fueconorg-4928	162	24	(	(	PUNCT
fueconorg-4928	162	25	kearns	kearn	NOUN
fueconorg-4928	162	26	,	,	PUNCT
fueconorg-4928	162	27	kulesz	kulesz	NOUN
fueconorg-4928	162	28	and	and	CCONJ
fueconorg-4928	162	29	nevmyvak	nevmyvak	ADJ
fueconorg-4928	162	30	,	,	PUNCT
fueconorg-4928	162	31	2010	2010	NUM
fueconorg-4928	162	32	,	,	PUNCT
fueconorg-4928	162	33	pp	pp	ADJ
fueconorg-4928	162	34	.	.	PUNCT
fueconorg-4928	162	35	14	14	NUM
fueconorg-4928	162	36	)	)	PUNCT
fueconorg-4928	162	37	.	.	PUNCT
fueconorg-4928	163	1	riordan	riordan	PROPN
fueconorg-4928	163	2	&	&	CCONJ
fueconorg-4928	163	3	storkenmaier	storkenmaier	PROPN
fueconorg-4928	163	4	(	(	PUNCT
fueconorg-4928	163	5	2011	2011	NUM
fueconorg-4928	163	6	)	)	PUNCT
fueconorg-4928	163	7	observed	observe	VERB
fueconorg-4928	163	8	technological	technological	ADJ
fueconorg-4928	163	9	changes	change	NOUN
fueconorg-4928	163	10	on	on	ADP
fueconorg-4928	163	11	the	the	DET
fueconorg-4928	163	12	german	german	ADJ
fueconorg-4928	163	13	stock	stock	NOUN
fueconorg-4928	163	14	market	market	NOUN
fueconorg-4928	163	15	in	in	ADP
fueconorg-4928	163	16	2007	2007	NUM
fueconorg-4928	163	17	,	,	PUNCT
fueconorg-4928	163	18	trying	try	VERB
fueconorg-4928	163	19	to	to	PART
fueconorg-4928	163	20	find	find	VERB
fueconorg-4928	163	21	out	out	ADP
fueconorg-4928	163	22	whether	whether	SCONJ
fueconorg-4928	163	23	this	this	DET
fueconorg-4928	163	24	type	type	NOUN
fueconorg-4928	163	25	of	of	ADP
fueconorg-4928	163	26	change	change	NOUN
fueconorg-4928	163	27	has	have	AUX
fueconorg-4928	163	28	affected	affect	VERB
fueconorg-4928	163	29	two	two	NUM
fueconorg-4928	163	30	important	important	ADJ
fueconorg-4928	163	31	aspects	aspect	NOUN
fueconorg-4928	163	32	of	of	ADP
fueconorg-4928	163	33	market	market	NOUN
fueconorg-4928	163	34	quality	quality	NOUN
fueconorg-4928	163	35	liquidity	liquidity	NOUN
fueconorg-4928	163	36	and	and	CCONJ
fueconorg-4928	163	37	price	price	NOUN
fueconorg-4928	163	38	.	.	PUNCT
fueconorg-4928	164	1	the	the	DET
fueconorg-4928	164	2	results	result	NOUN
fueconorg-4928	164	3	confirmed	confirm	VERB
fueconorg-4928	164	4	that	that	SCONJ
fueconorg-4928	164	5	the	the	DET
fueconorg-4928	164	6	time	time	NOUN
fueconorg-4928	164	7	between	between	ADP
fueconorg-4928	164	8	order	order	NOUN
fueconorg-4928	164	9	entering	enter	VERB
fueconorg-4928	164	10	and	and	CCONJ
fueconorg-4928	164	11	verification	verification	NOUN
fueconorg-4928	164	12	was	be	AUX
fueconorg-4928	164	13	shortened	shorten	VERB
fueconorg-4928	164	14	by	by	ADP
fueconorg-4928	164	15	technological	technological	ADJ
fueconorg-4928	164	16	upgrade	upgrade	NOUN
fueconorg-4928	164	17	from	from	ADP
fueconorg-4928	164	18	about	about	ADV
fueconorg-4928	164	19	50	50	NUM
fueconorg-4928	164	20	to	to	PART
fueconorg-4928	164	21	10	10	NUM
fueconorg-4928	164	22	milliseconds	millisecond	NOUN
fueconorg-4928	164	23	,	,	PUNCT
fueconorg-4928	164	24	whereby	whereby	SCONJ
fueconorg-4928	164	25	the	the	DET
fueconorg-4928	164	26	reduced	reduce	VERB
fueconorg-4928	164	27	time	time	NOUN
fueconorg-4928	164	28	provided	provide	VERB
fueconorg-4928	164	29	greater	great	ADJ
fueconorg-4928	164	30	liquidity	liquidity	NOUN
fueconorg-4928	164	31	on	on	ADP
fueconorg-4928	164	32	the	the	DET
fueconorg-4928	164	33	market	market	NOUN
fueconorg-4928	164	34	.	.	PUNCT
fueconorg-4928	165	1	most	most	ADJ
fueconorg-4928	165	2	researches	research	VERB
fueconorg-4928	165	3	in	in	ADP
fueconorg-4928	165	4	the	the	DET
fueconorg-4928	165	5	field	field	NOUN
fueconorg-4928	165	6	of	of	ADP
fueconorg-4928	165	7	automated	automate	VERB
fueconorg-4928	165	8	trading	trading	NOUN
fueconorg-4928	165	9	systems	system	NOUN
fueconorg-4928	165	10	examine	examine	VERB
fueconorg-4928	165	11	and	and	CCONJ
fueconorg-4928	165	12	confirm	confirm	VERB
fueconorg-4928	165	13	the	the	DET
fueconorg-4928	165	14	existence	existence	NOUN
fueconorg-4928	165	15	of	of	ADP
fueconorg-4928	165	16	a	a	DET
fueconorg-4928	165	17	positive	positive	ADJ
fueconorg-4928	165	18	impact	impact	NOUN
fueconorg-4928	165	19	of	of	ADP
fueconorg-4928	165	20	these	these	DET
fueconorg-4928	165	21	systems	system	NOUN
fueconorg-4928	165	22	on	on	ADP
fueconorg-4928	165	23	the	the	DET
fueconorg-4928	165	24	quality	quality	NOUN
fueconorg-4928	165	25	of	of	ADP
fueconorg-4928	165	26	the	the	DET
fueconorg-4928	165	27	market	market	NOUN
fueconorg-4928	165	28	.	.	PUNCT
fueconorg-4928	166	1	most	most	ADV
fueconorg-4928	166	2	often	often	ADV
fueconorg-4928	166	3	,	,	PUNCT
fueconorg-4928	166	4	they	they	PRON
fueconorg-4928	166	5	point	point	VERB
fueconorg-4928	166	6	to	to	ADP
fueconorg-4928	166	7	effects	effect	NOUN
fueconorg-4928	166	8	that	that	PRON
fueconorg-4928	166	9	contribute	contribute	VERB
fueconorg-4928	166	10	to	to	ADP
fueconorg-4928	166	11	increasing	increase	VERB
fueconorg-4928	166	12	market	market	NOUN
fueconorg-4928	166	13	efficiency	efficiency	NOUN
fueconorg-4928	166	14	faster	fast	ADJ
fueconorg-4928	166	15	processing	processing	NOUN
fueconorg-4928	166	16	of	of	ADP
fueconorg-4928	166	17	information	information	NOUN
fueconorg-4928	166	18	,	,	PUNCT
fueconorg-4928	166	19	timely	timely	ADV
fueconorg-4928	166	20	decision	decision	NOUN
fueconorg-4928	166	21	-	-	PUNCT
fueconorg-4928	166	22	making	making	NOUN
fueconorg-4928	166	23	,	,	PUNCT
fueconorg-4928	166	24	higher	high	ADJ
fueconorg-4928	166	25	profits	profit	NOUN
fueconorg-4928	166	26	(	(	PUNCT
fueconorg-4928	166	27	frino	frino	NOUN
fueconorg-4928	166	28	,	,	PUNCT
fueconorg-4928	166	29	prodromou	prodromou	PROPN
fueconorg-4928	166	30	,	,	PUNCT
fueconorg-4928	166	31	wang	wang	PROPN
fueconorg-4928	166	32	,	,	PUNCT
fueconorg-4928	166	33	westerholm	westerholm	NOUN
fueconorg-4928	166	34	,	,	PUNCT
fueconorg-4928	166	35	&	&	CCONJ
fueconorg-4928	166	36	zheng	zheng	PROPN
fueconorg-4928	166	37	,	,	PUNCT
fueconorg-4928	166	38	2017	2017	NUM
fueconorg-4928	166	39	)	)	PUNCT
fueconorg-4928	166	40	greater	great	ADJ
fueconorg-4928	166	41	information	information	NOUN
fueconorg-4928	166	42	efficiency	efficiency	NOUN
fueconorg-4928	166	43	in	in	ADP
fueconorg-4928	166	44	stock	stock	NOUN
fueconorg-4928	166	45	markets	market	NOUN
fueconorg-4928	166	46	around	around	ADP
fueconorg-4928	166	47	the	the	DET
fueconorg-4928	166	48	world	world	NOUN
fueconorg-4928	166	49	(	(	PUNCT
fueconorg-4928	166	50	das	das	PROPN
fueconorg-4928	166	51	&	&	CCONJ
fueconorg-4928	166	52	kadapakkam	kadapakkam	PROPN
fueconorg-4928	166	53	,	,	PUNCT
fueconorg-4928	166	54	2018	2018	NUM
fueconorg-4928	166	55	)	)	PUNCT
fueconorg-4928	166	56	,	,	PUNCT
fueconorg-4928	166	57	etc	etc	X
fueconorg-4928	166	58	.	.	X
fueconorg-4928	167	1	however	however	ADV
fueconorg-4928	167	2	,	,	PUNCT
fueconorg-4928	167	3	the	the	DET
fueconorg-4928	167	4	benefits	benefit	NOUN
fueconorg-4928	167	5	of	of	ADP
fueconorg-4928	167	6	high	high	ADJ
fueconorg-4928	167	7	-	-	PUNCT
fueconorg-4928	167	8	frequency	frequency	NOUN
fueconorg-4928	167	9	systems	system	NOUN
fueconorg-4928	167	10	should	should	AUX
fueconorg-4928	167	11	not	not	PART
fueconorg-4928	167	12	be	be	AUX
fueconorg-4928	167	13	taken	take	VERB
fueconorg-4928	167	14	for	for	ADP
fueconorg-4928	167	15	granted	grant	VERB
fueconorg-4928	167	16	.	.	PUNCT
fueconorg-4928	168	1	though	though	SCONJ
fueconorg-4928	168	2	considered	consider	VERB
fueconorg-4928	168	3	to	to	PART
fueconorg-4928	168	4	be	be	AUX
fueconorg-4928	168	5	a	a	DET
fueconorg-4928	168	6	positive	positive	ADJ
fueconorg-4928	168	7	aspect	aspect	NOUN
fueconorg-4928	168	8	,	,	PUNCT
fueconorg-4928	168	9	speed	speed	NOUN
fueconorg-4928	168	10	might	might	AUX
fueconorg-4928	168	11	be	be	AUX
fueconorg-4928	168	12	unfavorable	unfavorable	ADJ
fueconorg-4928	168	13	for	for	ADP
fueconorg-4928	168	14	other	other	ADJ
fueconorg-4928	168	15	investors	investor	NOUN
fueconorg-4928	168	16	,	,	PUNCT
fueconorg-4928	168	17	which	which	PRON
fueconorg-4928	168	18	can	can	AUX
fueconorg-4928	168	19	lead	lead	VERB
fueconorg-4928	168	20	to	to	ADP
fueconorg-4928	168	21	the	the	DET
fueconorg-4928	168	22	emergence	emergence	NOUN
fueconorg-4928	168	23	of	of	ADP
fueconorg-4928	168	24	adverse	adverse	ADJ
fueconorg-4928	168	25	selection	selection	NOUN
fueconorg-4928	168	26	that	that	PRON
fueconorg-4928	168	27	reduces	reduce	VERB
fueconorg-4928	168	28	market	market	NOUN
fueconorg-4928	168	29	quality	quality	NOUN
fueconorg-4928	168	30	(	(	PUNCT
fueconorg-4928	168	31	jones	jones	PROPN
fueconorg-4928	168	32	,	,	PUNCT
fueconorg-4928	168	33	2013	2013	NUM
fueconorg-4928	168	34	,	,	PUNCT
fueconorg-4928	168	35	p.	p.	NOUN
fueconorg-4928	168	36	1	1	NUM
fueconorg-4928	168	37	)	)	PUNCT
fueconorg-4928	168	38	.	.	PUNCT
fueconorg-4928	169	1	on	on	ADP
fueconorg-4928	169	2	the	the	DET
fueconorg-4928	169	3	other	other	ADJ
fueconorg-4928	169	4	hand	hand	NOUN
fueconorg-4928	169	5	,	,	PUNCT
fueconorg-4928	169	6	jovanovic	jovanovic	PROPN
fueconorg-4928	169	7	&	&	CCONJ
fueconorg-4928	169	8	menkveld	menkveld	PROPN
fueconorg-4928	169	9	(	(	PUNCT
fueconorg-4928	169	10	2016	2016	NUM
fueconorg-4928	169	11	)	)	PUNCT
fueconorg-4928	169	12	dispute	dispute	VERB
fueconorg-4928	169	13	these	these	DET
fueconorg-4928	169	14	claims	claim	NOUN
fueconorg-4928	169	15	,	,	PUNCT
fueconorg-4928	169	16	stating	state	VERB
fueconorg-4928	169	17	that	that	SCONJ
fueconorg-4928	169	18	the	the	DET
fueconorg-4928	169	19	implementation	implementation	NOUN
fueconorg-4928	169	20	of	of	ADP
fueconorg-4928	169	21	high	high	ADJ
fueconorg-4928	169	22	-	-	PUNCT
fueconorg-4928	169	23	frequency	frequency	NOUN
fueconorg-4928	169	24	systems	system	NOUN
fueconorg-4928	169	25	into	into	ADP
fueconorg-4928	169	26	financial	financial	ADJ
fueconorg-4928	169	27	markets	market	NOUN
fueconorg-4928	169	28	reduces	reduce	VERB
fueconorg-4928	169	29	adverse	adverse	ADJ
fueconorg-4928	169	30	selection	selection	NOUN
fueconorg-4928	169	31	by	by	ADP
fueconorg-4928	169	32	23	23	NUM
fueconorg-4928	169	33	%	%	NOUN
fueconorg-4928	169	34	,	,	PUNCT
fueconorg-4928	169	35	with	with	ADP
fueconorg-4928	169	36	a	a	DET
fueconorg-4928	169	37	17	17	NUM
fueconorg-4928	169	38	%	%	NOUN
fueconorg-4928	169	39	increase	increase	NOUN
fueconorg-4928	169	40	recorded	record	VERB
fueconorg-4928	169	41	in	in	ADP
fueconorg-4928	169	42	trade	trade	NOUN
fueconorg-4928	169	43	volume	volume	NOUN
fueconorg-4928	169	44	.	.	PUNCT
fueconorg-4928	170	1	also	also	ADV
fueconorg-4928	170	2	,	,	PUNCT
fueconorg-4928	170	3	many	many	ADJ
fueconorg-4928	170	4	regulatory	regulatory	ADJ
fueconorg-4928	170	5	barriers	barrier	NOUN
fueconorg-4928	170	6	(	(	PUNCT
fueconorg-4928	170	7	each	each	DET
fueconorg-4928	170	8	country	country	NOUN
fueconorg-4928	170	9	has	have	AUX
fueconorg-4928	170	10	its	its	PRON
fueconorg-4928	170	11	own	own	ADJ
fueconorg-4928	170	12	regulatory	regulatory	ADJ
fueconorg-4928	170	13	regime	regime	NOUN
fueconorg-4928	170	14	)	)	PUNCT
fueconorg-4928	170	15	,	,	PUNCT
fueconorg-4928	170	16	as	as	ADV
fueconorg-4928	170	17	well	well	ADV
fueconorg-4928	170	18	as	as	ADP
fueconorg-4928	170	19	difficulties	difficulty	NOUN
fueconorg-4928	170	20	in	in	ADP
fueconorg-4928	170	21	identifying	identify	VERB
fueconorg-4928	170	22	participants	participant	NOUN
fueconorg-4928	170	23	’	'	PUNCT
fueconorg-4928	170	24	identities	identity	NOUN
fueconorg-4928	170	25	,	,	PUNCT
fueconorg-4928	170	26	since	since	SCONJ
fueconorg-4928	170	27	most	most	ADJ
fueconorg-4928	170	28	global	global	ADJ
fueconorg-4928	170	29	stock	stock	NOUN
fueconorg-4928	170	30	exchanges	exchange	NOUN
fueconorg-4928	170	31	function	function	VERB
fueconorg-4928	170	32	on	on	ADP
fueconorg-4928	170	33	the	the	DET
fueconorg-4928	170	34	principle	principle	NOUN
fueconorg-4928	170	35	of	of	ADP
fueconorg-4928	170	36	voluntary	voluntary	ADJ
fueconorg-4928	170	37	disclosure	disclosure	NOUN
fueconorg-4928	170	38	of	of	ADP
fueconorg-4928	170	39	participants	participant	NOUN
fueconorg-4928	170	40	’	'	PUNCT
fueconorg-4928	170	41	identity	identity	NOUN
fueconorg-4928	170	42	,	,	PUNCT
fueconorg-4928	170	43	provide	provide	VERB
fueconorg-4928	170	44	the	the	DET
fueconorg-4928	170	45	possibility	possibility	NOUN
fueconorg-4928	170	46	of	of	ADP
fueconorg-4928	170	47	placing	place	VERB
fueconorg-4928	170	48	anonymous	anonymous	ADJ
fueconorg-4928	170	49	orders	order	NOUN
fueconorg-4928	170	50	(	(	PUNCT
fueconorg-4928	170	51	comerton	comerton	NOUN
fueconorg-4928	170	52	-	-	PUNCT
fueconorg-4928	170	53	forde	forde	ADJ
fueconorg-4928	170	54	,	,	PUNCT
fueconorg-4928	170	55	putniņš	putniņš	PROPN
fueconorg-4928	170	56	,	,	PUNCT
fueconorg-4928	170	57	&	&	CCONJ
fueconorg-4928	170	58	tang	tang	PROPN
fueconorg-4928	170	59	,	,	PUNCT
fueconorg-4928	170	60	2011	2011	NUM
fueconorg-4928	170	61	,	,	PUNCT
fueconorg-4928	170	62	pp	pp	ADJ
fueconorg-4928	170	63	.	.	PUNCT
fueconorg-4928	171	1	3	3	NUM
fueconorg-4928	171	2	)	)	PUNCT
fueconorg-4928	171	3	.	.	PUNCT
fueconorg-4928	172	1	the	the	DET
fueconorg-4928	172	2	regulatory	regulatory	ADJ
fueconorg-4928	172	3	policy	policy	NOUN
fueconorg-4928	172	4	of	of	ADP
fueconorg-4928	172	5	the	the	DET
fueconorg-4928	172	6	automated	automate	VERB
fueconorg-4928	172	7	trading	trading	NOUN
fueconorg-4928	172	8	system	system	NOUN
fueconorg-4928	172	9	of	of	ADP
fueconorg-4928	172	10	the	the	DET
fueconorg-4928	172	11	australian	australian	ADJ
fueconorg-4928	172	12	stock	stock	NOUN
fueconorg-4928	172	13	exchange	exchange	NOUN
fueconorg-4928	172	14	(	(	PUNCT
fueconorg-4928	172	15	seats	seat	NOUN
fueconorg-4928	172	16	)	)	PUNCT
fueconorg-4928	172	17	stands	stand	VERB
fueconorg-4928	172	18	out	out	ADP
fueconorg-4928	172	19	from	from	ADP
fueconorg-4928	172	20	others	other	NOUN
fueconorg-4928	172	21	in	in	ADP
fueconorg-4928	172	22	that	that	SCONJ
fueconorg-4928	172	23	it	it	PRON
fueconorg-4928	172	24	enables	enable	VERB
fueconorg-4928	172	25	direct	direct	ADJ
fueconorg-4928	172	26	participants	participant	NOUN
fueconorg-4928	172	27	to	to	PART
fueconorg-4928	172	28	identify	identify	VERB
fueconorg-4928	172	29	the	the	DET
fueconorg-4928	172	30	traders	trader	NOUN
fueconorg-4928	172	31	’	’	PART
fueconorg-4928	172	32	identity	identity	NOUN
fueconorg-4928	172	33	at	at	ADP
fueconorg-4928	172	34	all	all	DET
fueconorg-4928	172	35	times	time	NOUN
fueconorg-4928	172	36	(	(	PUNCT
fueconorg-4928	172	37	berkman	berkman	PROPN
fueconorg-4928	172	38	&	&	CCONJ
fueconorg-4928	172	39	koch	koch	PROPN
fueconorg-4928	172	40	,	,	PUNCT
fueconorg-4928	172	41	2008	2008	NUM
fueconorg-4928	172	42	,	,	PUNCT
fueconorg-4928	172	43	pp	pp	ADJ
fueconorg-4928	172	44	.	.	PUNCT
fueconorg-4928	172	45	234	234	NUM
fueconorg-4928	172	46	)	)	PUNCT
fueconorg-4928	172	47	.	.	PUNCT
fueconorg-4928	173	1	in	in	ADP
fueconorg-4928	173	2	this	this	DET
fueconorg-4928	173	3	way	way	NOUN
fueconorg-4928	173	4	,	,	PUNCT
fueconorg-4928	173	5	automated	automate	VERB
fueconorg-4928	173	6	systems	system	NOUN
fueconorg-4928	173	7	adopt	adopt	VERB
fueconorg-4928	173	8	one	one	NUM
fueconorg-4928	173	9	of	of	ADP
fueconorg-4928	173	10	the	the	DET
fueconorg-4928	173	11	characteristics	characteristic	NOUN
fueconorg-4928	173	12	of	of	ADP
fueconorg-4928	173	13	the	the	DET
fueconorg-4928	173	14	conventional	conventional	ADJ
fueconorg-4928	173	15	trading	trading	NOUN
fueconorg-4928	173	16	method	method	NOUN
fueconorg-4928	173	17	,	,	PUNCT
fueconorg-4928	173	18	i.e.	i.e.	X
fueconorg-4928	173	19	significantly	significantly	ADV
fueconorg-4928	173	20	facilitated	facilitate	VERB
fueconorg-4928	173	21	identification	identification	NOUN
fueconorg-4928	173	22	of	of	ADP
fueconorg-4928	173	23	a	a	DET
fueconorg-4928	173	24	trader	trader	NOUN
fueconorg-4928	173	25	,	,	PUNCT
fueconorg-4928	173	26	which	which	PRON
fueconorg-4928	173	27	can	can	AUX
fueconorg-4928	173	28	reduce	reduce	VERB
fueconorg-4928	173	29	the	the	DET
fueconorg-4928	173	30	risk	risk	NOUN
fueconorg-4928	173	31	of	of	ADP
fueconorg-4928	173	32	unfavorable	unfavorable	ADJ
fueconorg-4928	173	33	selection	selection	NOUN
fueconorg-4928	173	34	when	when	SCONJ
fueconorg-4928	173	35	trading	trading	NOUN
fueconorg-4928	173	36	.	.	PUNCT
fueconorg-4928	174	1	https://www.itg.com/trading-volume/year/	https://www.itg.com/trading-volume/year/	VERB
fueconorg-4928	174	2	264	264	NUM
fueconorg-4928	174	3	v.	v.	ADP
fueconorg-4928	174	4	todorović	todorović	NOUN
fueconorg-4928	174	5	,	,	PUNCT
fueconorg-4928	174	6	a.	a.	NOUN
fueconorg-4928	174	7	pešterac	pešterac	PROPN
fueconorg-4928	174	8	,	,	PUNCT
fueconorg-4928	174	9	n.	n.	NOUN
fueconorg-4928	174	10	tomić	tomić	NOUN
fueconorg-4928	174	11	in	in	ADP
fueconorg-4928	174	12	conditions	condition	NOUN
fueconorg-4928	174	13	of	of	ADP
fueconorg-4928	174	14	market	market	NOUN
fueconorg-4928	174	15	disturbance	disturbance	NOUN
fueconorg-4928	174	16	and	and	CCONJ
fueconorg-4928	174	17	instability	instability	NOUN
fueconorg-4928	174	18	,	,	PUNCT
fueconorg-4928	174	19	there	there	PRON
fueconorg-4928	174	20	is	be	VERB
fueconorg-4928	174	21	an	an	DET
fueconorg-4928	174	22	increase	increase	NOUN
fueconorg-4928	174	23	in	in	ADP
fueconorg-4928	174	24	the	the	DET
fueconorg-4928	174	25	speed	speed	NOUN
fueconorg-4928	174	26	at	at	ADP
fueconorg-4928	174	27	which	which	PRON
fueconorg-4928	174	28	high	high	ADJ
fueconorg-4928	174	29	-	-	PUNCT
fueconorg-4928	174	30	frequency	frequency	NOUN
fueconorg-4928	174	31	systems	system	NOUN
fueconorg-4928	174	32	exhaust	exhaust	VERB
fueconorg-4928	174	33	the	the	DET
fueconorg-4928	174	34	best	good	ADJ
fueconorg-4928	174	35	prices	price	NOUN
fueconorg-4928	174	36	for	for	ADP
fueconorg-4928	174	37	buying	buy	VERB
fueconorg-4928	174	38	and	and	CCONJ
fueconorg-4928	174	39	selling	sell	VERB
fueconorg-4928	174	40	leading	lead	VERB
fueconorg-4928	174	41	to	to	ADP
fueconorg-4928	174	42	a	a	DET
fueconorg-4928	174	43	change	change	NOUN
fueconorg-4928	174	44	in	in	ADP
fueconorg-4928	174	45	trading	trading	NOUN
fueconorg-4928	174	46	volume	volume	NOUN
fueconorg-4928	174	47	,	,	PUNCT
fueconorg-4928	174	48	which	which	PRON
fueconorg-4928	174	49	may	may	AUX
fueconorg-4928	174	50	lead	lead	VERB
fueconorg-4928	174	51	to	to	ADP
fueconorg-4928	174	52	a	a	DET
fueconorg-4928	174	53	phase	phase	NOUN
fueconorg-4928	174	54	corresponding	correspond	VERB
fueconorg-4928	174	55	to	to	ADP
fueconorg-4928	174	56	some	some	DET
fueconorg-4928	174	57	form	form	NOUN
fueconorg-4928	174	58	of	of	ADP
fueconorg-4928	174	59	flash	flash	NOUN
fueconorg-4928	174	60	crash	crash	NOUN
fueconorg-4928	174	61	.	.	PUNCT
fueconorg-4928	175	1	this	this	DET
fueconorg-4928	175	2	term	term	NOUN
fueconorg-4928	175	3	refers	refer	VERB
fueconorg-4928	175	4	to	to	ADP
fueconorg-4928	175	5	dramatic	dramatic	ADJ
fueconorg-4928	175	6	changes	change	NOUN
fueconorg-4928	175	7	in	in	ADP
fueconorg-4928	175	8	prices	price	NOUN
fueconorg-4928	175	9	on	on	ADP
fueconorg-4928	175	10	stock	stock	NOUN
fueconorg-4928	175	11	exchanges	exchange	NOUN
fueconorg-4928	175	12	in	in	ADP
fueconorg-4928	175	13	a	a	DET
fueconorg-4928	175	14	short	short	ADJ
fueconorg-4928	175	15	period	period	NOUN
fueconorg-4928	175	16	of	of	ADP
fueconorg-4928	175	17	time	time	NOUN
fueconorg-4928	175	18	.	.	PUNCT
fueconorg-4928	176	1	one	one	NUM
fueconorg-4928	176	2	such	such	ADJ
fueconorg-4928	176	3	event	event	NOUN
fueconorg-4928	176	4	from	from	ADP
fueconorg-4928	176	5	the	the	DET
fueconorg-4928	176	6	recent	recent	ADJ
fueconorg-4928	176	7	past	past	NOUN
fueconorg-4928	176	8	was	be	AUX
fueconorg-4928	176	9	flash	flash	NOUN
fueconorg-4928	176	10	crash	crash	NOUN
fueconorg-4928	176	11	in	in	ADP
fueconorg-4928	176	12	2010	2010	NUM
fueconorg-4928	176	13	,	,	PUNCT
fueconorg-4928	176	14	in	in	ADP
fueconorg-4928	176	15	which	which	PRON
fueconorg-4928	176	16	dow	dow	PROPN
fueconorg-4928	176	17	jones	jones	PROPN
fueconorg-4928	176	18	dropped	drop	VERB
fueconorg-4928	176	19	by	by	ADP
fueconorg-4928	176	20	almost	almost	ADV
fueconorg-4928	176	21	1,000	1,000	NUM
fueconorg-4928	176	22	points	point	NOUN
fueconorg-4928	176	23	within	within	ADP
fueconorg-4928	176	24	10	10	NUM
fueconorg-4928	176	25	minutes	minute	NOUN
fueconorg-4928	176	26	,	,	PUNCT
fueconorg-4928	176	27	which	which	PRON
fueconorg-4928	176	28	was	be	AUX
fueconorg-4928	176	29	followed	follow	VERB
fueconorg-4928	176	30	by	by	ADP
fueconorg-4928	176	31	the	the	DET
fueconorg-4928	176	32	recovery	recovery	NOUN
fueconorg-4928	176	33	of	of	ADP
fueconorg-4928	176	34	most	most	ADJ
fueconorg-4928	176	35	of	of	ADP
fueconorg-4928	176	36	the	the	DET
fueconorg-4928	176	37	losses	loss	NOUN
fueconorg-4928	176	38	in	in	ADP
fueconorg-4928	176	39	just	just	ADV
fueconorg-4928	176	40	30	30	NUM
fueconorg-4928	176	41	seconds	second	NOUN
fueconorg-4928	176	42	(	(	PUNCT
fueconorg-4928	176	43	lakić	lakić	PROPN
fueconorg-4928	176	44	,	,	PUNCT
fueconorg-4928	176	45	2014	2014	NUM
fueconorg-4928	176	46	,	,	PUNCT
fueconorg-4928	176	47	pp	pp	ADJ
fueconorg-4928	176	48	.	.	NOUN
fueconorg-4928	176	49	9	9	NUM
fueconorg-4928	176	50	)	)	PUNCT
fueconorg-4928	176	51	.	.	PUNCT
fueconorg-4928	177	1	this	this	DET
fueconorg-4928	177	2	event	event	NOUN
fueconorg-4928	177	3	led	lead	VERB
fueconorg-4928	177	4	to	to	ADP
fueconorg-4928	177	5	a	a	DET
fueconorg-4928	177	6	fall	fall	NOUN
fueconorg-4928	177	7	in	in	ADP
fueconorg-4928	177	8	the	the	DET
fueconorg-4928	177	9	price	price	NOUN
fueconorg-4928	177	10	of	of	ADP
fueconorg-4928	177	11	a	a	DET
fueconorg-4928	177	12	large	large	ADJ
fueconorg-4928	177	13	number	number	NOUN
fueconorg-4928	177	14	of	of	ADP
fueconorg-4928	177	15	shares	share	NOUN
fueconorg-4928	177	16	in	in	ADP
fueconorg-4928	177	17	the	the	DET
fueconorg-4928	177	18	market	market	NOUN
fueconorg-4928	177	19	,	,	PUNCT
fueconorg-4928	177	20	some	some	PRON
fueconorg-4928	177	21	of	of	ADP
fueconorg-4928	177	22	which	which	PRON
fueconorg-4928	177	23	lost	lose	VERB
fueconorg-4928	177	24	their	their	PRON
fueconorg-4928	177	25	entire	entire	ADJ
fueconorg-4928	177	26	value	value	NOUN
fueconorg-4928	177	27	,	,	PUNCT
fueconorg-4928	177	28	while	while	SCONJ
fueconorg-4928	177	29	the	the	DET
fueconorg-4928	177	30	value	value	NOUN
fueconorg-4928	177	31	of	of	ADP
fueconorg-4928	177	32	others	other	NOUN
fueconorg-4928	177	33	rose	rise	VERB
fueconorg-4928	177	34	more	more	ADJ
fueconorg-4928	177	35	than	than	ADP
fueconorg-4928	177	36	a	a	DET
fueconorg-4928	177	37	factor	factor	NOUN
fueconorg-4928	177	38	of	of	ADP
fueconorg-4928	177	39	1000	1000	NUM
fueconorg-4928	177	40	(	(	PUNCT
fueconorg-4928	177	41	braun	braun	NOUN
fueconorg-4928	177	42	,	,	PUNCT
fueconorg-4928	177	43	fiegen	fiegen	PROPN
fueconorg-4928	177	44	,	,	PUNCT
fueconorg-4928	177	45	wagner	wagner	PROPN
fueconorg-4928	177	46	,	,	PUNCT
fueconorg-4928	177	47	krause	krause	PROPN
fueconorg-4928	177	48	,	,	PUNCT
fueconorg-4928	177	49	&	&	CCONJ
fueconorg-4928	177	50	guhr	guhr	PROPN
fueconorg-4928	177	51	,	,	PUNCT
fueconorg-4928	177	52	2018	2018	NUM
fueconorg-4928	177	53	,	,	PUNCT
fueconorg-4928	177	54	pp	pp	ADJ
fueconorg-4928	177	55	.	.	NOUN
fueconorg-4928	178	1	2	2	NUM
fueconorg-4928	178	2	)	)	PUNCT
fueconorg-4928	178	3	.	.	PUNCT
fueconorg-4928	179	1	flash	flash	NOUN
fueconorg-4928	179	2	crash	crash	NOUN
fueconorg-4928	179	3	has	have	AUX
fueconorg-4928	179	4	raised	raise	VERB
fueconorg-4928	179	5	a	a	DET
fueconorg-4928	179	6	number	number	NOUN
fueconorg-4928	179	7	of	of	ADP
fueconorg-4928	179	8	important	important	ADJ
fueconorg-4928	179	9	issues	issue	NOUN
fueconorg-4928	179	10	related	relate	VERB
fueconorg-4928	179	11	to	to	ADP
fueconorg-4928	179	12	the	the	DET
fueconorg-4928	179	13	structure	structure	NOUN
fueconorg-4928	179	14	and	and	CCONJ
fueconorg-4928	179	15	stability	stability	NOUN
fueconorg-4928	179	16	of	of	ADP
fueconorg-4928	179	17	the	the	DET
fueconorg-4928	179	18	usa	usa	PROPN
fueconorg-4928	179	19	financial	financial	ADJ
fueconorg-4928	179	20	markets	market	NOUN
fueconorg-4928	179	21	.	.	PUNCT
fueconorg-4928	180	1	many	many	ADJ
fueconorg-4928	180	2	experts	expert	NOUN
fueconorg-4928	180	3	(	(	PUNCT
fueconorg-4928	180	4	kirilenko	kirilenko	PROPN
fueconorg-4928	180	5	,	,	PUNCT
fueconorg-4928	180	6	kyle	kyle	PROPN
fueconorg-4928	180	7	,	,	PUNCT
fueconorg-4928	180	8	samadi	samadi	NOUN
fueconorg-4928	180	9	,	,	PUNCT
fueconorg-4928	180	10	&	&	CCONJ
fueconorg-4928	180	11	tuzun	tuzun	NOUN
fueconorg-4928	180	12	,	,	PUNCT
fueconorg-4928	180	13	t.	t.	NOUN
fueconorg-4928	180	14	,	,	PUNCT
fueconorg-4928	180	15	2011	2011	NUM
fueconorg-4928	180	16	;	;	PUNCT
fueconorg-4928	180	17	akansu	akansu	NOUN
fueconorg-4928	180	18	,	,	PUNCT
fueconorg-4928	180	19	2017	2017	NUM
fueconorg-4928	180	20	;	;	PUNCT
fueconorg-4928	180	21	braun	braun	NOUN
fueconorg-4928	180	22	,	,	PUNCT
fueconorg-4928	180	23	fiegen	fiegen	PROPN
fueconorg-4928	180	24	,	,	PUNCT
fueconorg-4928	180	25	wagner	wagner	PROPN
fueconorg-4928	180	26	,	,	PUNCT
fueconorg-4928	180	27	krause	krause	PROPN
fueconorg-4928	180	28	,	,	PUNCT
fueconorg-4928	180	29	&	&	CCONJ
fueconorg-4928	180	30	guhr	guhr	PROPN
fueconorg-4928	180	31	,	,	PUNCT
fueconorg-4928	180	32	2018	2018	NUM
fueconorg-4928	180	33	)	)	PUNCT
fueconorg-4928	180	34	attributed	attribute	VERB
fueconorg-4928	180	35	instability	instability	NOUN
fueconorg-4928	180	36	to	to	ADP
fueconorg-4928	180	37	excessive	excessive	ADJ
fueconorg-4928	180	38	use	use	NOUN
fueconorg-4928	180	39	of	of	ADP
fueconorg-4928	180	40	computers	computer	NOUN
fueconorg-4928	180	41	and	and	CCONJ
fueconorg-4928	180	42	high	high	ADJ
fueconorg-4928	180	43	-	-	PUNCT
fueconorg-4928	180	44	frequency	frequency	NOUN
fueconorg-4928	180	45	trading	trading	NOUN
fueconorg-4928	180	46	systems	system	NOUN
fueconorg-4928	180	47	.	.	PUNCT
fueconorg-4928	181	1	however	however	ADV
fueconorg-4928	181	2	,	,	PUNCT
fueconorg-4928	181	3	the	the	DET
fueconorg-4928	181	4	key	key	ADJ
fueconorg-4928	181	5	question	question	NOUN
fueconorg-4928	181	6	is	be	AUX
fueconorg-4928	181	7	whether	whether	SCONJ
fueconorg-4928	181	8	these	these	DET
fueconorg-4928	181	9	systems	system	NOUN
fueconorg-4928	181	10	really	really	ADV
fueconorg-4928	181	11	made	make	VERB
fueconorg-4928	181	12	the	the	DET
fueconorg-4928	181	13	market	market	NOUN
fueconorg-4928	181	14	fragile	fragile	ADJ
fueconorg-4928	181	15	and	and	CCONJ
fueconorg-4928	181	16	unstable	unstable	ADJ
fueconorg-4928	181	17	.	.	PUNCT
fueconorg-4928	182	1	in	in	ADP
fueconorg-4928	182	2	fact	fact	NOUN
fueconorg-4928	182	3	,	,	PUNCT
fueconorg-4928	182	4	on	on	ADP
fueconorg-4928	182	5	flash	flash	NOUN
fueconorg-4928	182	6	crash	crash	NOUN
fueconorg-4928	182	7	day	day	NOUN
fueconorg-4928	182	8	,	,	PUNCT
fueconorg-4928	182	9	the	the	DET
fueconorg-4928	182	10	high	high	ADJ
fueconorg-4928	182	11	-	-	PUNCT
fueconorg-4928	182	12	frequency	frequency	NOUN
fueconorg-4928	182	13	trading	trading	NOUN
fueconorg-4928	182	14	system	system	NOUN
fueconorg-4928	182	15	stabilized	stabilize	VERB
fueconorg-4928	182	16	the	the	DET
fueconorg-4928	182	17	prices	price	NOUN
fueconorg-4928	182	18	at	at	ADP
fueconorg-4928	182	19	the	the	DET
fueconorg-4928	182	20	very	very	ADJ
fueconorg-4928	182	21	beginning	beginning	NOUN
fueconorg-4928	182	22	,	,	PUNCT
fueconorg-4928	182	23	but	but	CCONJ
fueconorg-4928	182	24	the	the	DET
fueconorg-4928	182	25	inflow	inflow	NOUN
fueconorg-4928	182	26	of	of	ADP
fueconorg-4928	182	27	a	a	DET
fueconorg-4928	182	28	large	large	ADJ
fueconorg-4928	182	29	number	number	NOUN
fueconorg-4928	182	30	of	of	ADP
fueconorg-4928	182	31	orders	order	NOUN
fueconorg-4928	182	32	that	that	PRON
fueconorg-4928	182	33	overflowed	overflow	VERB
fueconorg-4928	182	34	the	the	DET
fueconorg-4928	182	35	system	system	NOUN
fueconorg-4928	182	36	disabled	disable	VERB
fueconorg-4928	182	37	the	the	DET
fueconorg-4928	182	38	liquidation	liquidation	NOUN
fueconorg-4928	182	39	of	of	ADP
fueconorg-4928	182	40	positions	position	NOUN
fueconorg-4928	182	41	,	,	PUNCT
fueconorg-4928	182	42	which	which	PRON
fueconorg-4928	182	43	,	,	PUNCT
fueconorg-4928	182	44	due	due	ADP
fueconorg-4928	182	45	to	to	ADP
fueconorg-4928	182	46	the	the	DET
fueconorg-4928	182	47	withdrawal	withdrawal	NOUN
fueconorg-4928	182	48	of	of	ADP
fueconorg-4928	182	49	the	the	DET
fueconorg-4928	182	50	high	high	ADJ
fueconorg-4928	182	51	-	-	PUNCT
fueconorg-4928	182	52	frequency	frequency	NOUN
fueconorg-4928	182	53	algorithms	algorithms	NOUN
fueconorg-4928	182	54	liquidity	liquidity	NOUN
fueconorg-4928	182	55	,	,	PUNCT
fueconorg-4928	182	56	further	far	ADV
fueconorg-4928	182	57	led	lead	VERB
fueconorg-4928	182	58	to	to	ADP
fueconorg-4928	182	59	the	the	DET
fueconorg-4928	182	60	acceleration	acceleration	NOUN
fueconorg-4928	182	61	of	of	ADP
fueconorg-4928	182	62	the	the	DET
fueconorg-4928	182	63	subsequent	subsequent	ADJ
fueconorg-4928	182	64	crash	crash	NOUN
fueconorg-4928	182	65	.	.	PUNCT
fueconorg-4928	183	1	this	this	PRON
fueconorg-4928	183	2	is	be	AUX
fueconorg-4928	183	3	supported	support	VERB
fueconorg-4928	183	4	by	by	ADP
fueconorg-4928	183	5	the	the	DET
fueconorg-4928	183	6	fact	fact	NOUN
fueconorg-4928	183	7	that	that	SCONJ
fueconorg-4928	183	8	almost	almost	ADV
fueconorg-4928	183	9	two	two	NUM
fueconorg-4928	183	10	-	-	PUNCT
fueconorg-4928	183	11	thirds	third	NOUN
fueconorg-4928	183	12	of	of	ADP
fueconorg-4928	183	13	the	the	DET
fueconorg-4928	183	14	total	total	ADJ
fueconorg-4928	183	15	trading	trading	NOUN
fueconorg-4928	183	16	volume	volume	NOUN
fueconorg-4928	183	17	on	on	ADP
fueconorg-4928	183	18	that	that	DET
fueconorg-4928	183	19	day	day	NOUN
fueconorg-4928	183	20	was	be	AUX
fueconorg-4928	183	21	submitted	submit	VERB
fueconorg-4928	183	22	via	via	ADP
fueconorg-4928	183	23	high	high	ADJ
fueconorg-4928	183	24	-	-	PUNCT
fueconorg-4928	183	25	frequency	frequency	NOUN
fueconorg-4928	183	26	trading	trading	NOUN
fueconorg-4928	183	27	systems	system	NOUN
fueconorg-4928	183	28	(	(	PUNCT
fueconorg-4928	183	29	figure	figure	NOUN
fueconorg-4928	183	30	2	2	NUM
fueconorg-4928	183	31	)	)	PUNCT
fueconorg-4928	183	32	,	,	PUNCT
fueconorg-4928	183	33	and	and	CCONJ
fueconorg-4928	183	34	that	that	SCONJ
fueconorg-4928	183	35	in	in	ADP
fueconorg-4928	183	36	almost	almost	ADV
fueconorg-4928	183	37	two	two	NUM
fueconorg-4928	183	38	minutes	minute	NOUN
fueconorg-4928	183	39	the	the	DET
fueconorg-4928	183	40	critical	critical	ADJ
fueconorg-4928	183	41	fall	fall	NOUN
fueconorg-4928	183	42	of	of	ADP
fueconorg-4928	183	43	the	the	DET
fueconorg-4928	183	44	dow	dow	PROPN
fueconorg-4928	183	45	jones	jones	PROPN
fueconorg-4928	183	46	index	index	PROPN
fueconorg-4928	183	47	millions	million	NOUN
fueconorg-4928	183	48	of	of	ADP
fueconorg-4928	183	49	shares	share	NOUN
fueconorg-4928	183	50	were	be	AUX
fueconorg-4928	183	51	traded	trade	VERB
fueconorg-4928	183	52	in	in	ADP
fueconorg-4928	183	53	each	each	DET
fueconorg-4928	183	54	second	second	ADJ
fueconorg-4928	183	55	(	(	PUNCT
fueconorg-4928	183	56	lakic	lakic	PROPN
fueconorg-4928	183	57	,	,	PUNCT
fueconorg-4928	183	58	2014	2014	NUM
fueconorg-4928	183	59	,	,	PUNCT
fueconorg-4928	183	60	page	page	NOUN
fueconorg-4928	183	61	9	9	NUM
fueconorg-4928	183	62	)	)	PUNCT
fueconorg-4928	183	63	.	.	PUNCT
fueconorg-4928	184	1	the	the	DET
fueconorg-4928	184	2	largest	large	ADJ
fueconorg-4928	184	3	number	number	NOUN
fueconorg-4928	184	4	of	of	ADP
fueconorg-4928	184	5	canceled	cancel	VERB
fueconorg-4928	184	6	orders	order	NOUN
fueconorg-4928	184	7	at	at	ADP
fueconorg-4928	184	8	these	these	DET
fueconorg-4928	184	9	moments	moment	NOUN
fueconorg-4928	184	10	was	be	AUX
fueconorg-4928	184	11	recorded	record	VERB
fueconorg-4928	184	12	at	at	ADP
fueconorg-4928	184	13	high	high	ADJ
fueconorg-4928	184	14	frequency	frequency	NOUN
fueconorg-4928	184	15	traders	trader	NOUN
fueconorg-4928	184	16	(	(	PUNCT
fueconorg-4928	184	17	figure	figure	NOUN
fueconorg-4928	184	18	3	3	NUM
fueconorg-4928	184	19	)	)	PUNCT
fueconorg-4928	184	20	.	.	PUNCT
fueconorg-4928	185	1	fig	fig	NOUN
fueconorg-4928	185	2	.	.	PUNCT
fueconorg-4928	186	1	2	2	NUM
fueconorg-4928	186	2	trading	trading	NOUN
fueconorg-4928	186	3	activity	activity	NOUN
fueconorg-4928	186	4	fig	fig	NOUN
fueconorg-4928	186	5	.	.	PUNCT
fueconorg-4928	187	1	3	3	NUM
fueconorg-4928	187	2	cancellation	cancellation	NOUN
fueconorg-4928	187	3	ratio	ratio	NOUN
fueconorg-4928	187	4	source	source	NOUN
fueconorg-4928	187	5	:	:	PUNCT
fueconorg-4928	187	6	bellia	bellia	PROPN
fueconorg-4928	187	7	,	,	PUNCT
fueconorg-4928	187	8	m.	m.	NOUN
fueconorg-4928	187	9	,	,	PUNCT
fueconorg-4928	187	10	christensen	christensen	PROPN
fueconorg-4928	187	11	,	,	PUNCT
fueconorg-4928	187	12	k.	k.	PROPN
fueconorg-4928	187	13	,	,	PUNCT
fueconorg-4928	187	14	kolokolov	kolokolov	PROPN
fueconorg-4928	187	15	,	,	PUNCT
fueconorg-4928	187	16	a.	a.	NOUN
fueconorg-4928	187	17	,	,	PUNCT
fueconorg-4928	187	18	pelizzon	pelizzon	PROPN
fueconorg-4928	187	19	,	,	PUNCT
fueconorg-4928	187	20	l.	l.	PROPN
fueconorg-4928	187	21	,	,	PUNCT
fueconorg-4928	187	22	&	&	CCONJ
fueconorg-4928	187	23	renò	renò	PROPN
fueconorg-4928	187	24	,	,	PUNCT
fueconorg-4928	187	25	r.	r.	PROPN
fueconorg-4928	187	26	(	(	PUNCT
fueconorg-4928	187	27	2018	2018	NUM
fueconorg-4928	187	28	)	)	PUNCT
fueconorg-4928	187	29	.	.	PUNCT
fueconorg-4928	188	1	high	high	ADJ
fueconorg-4928	188	2	-	-	PUNCT
fueconorg-4928	188	3	frequency	frequency	NOUN
fueconorg-4928	188	4	trading	trading	NOUN
fueconorg-4928	188	5	during	during	ADP
fueconorg-4928	188	6	flash	flash	NOUN
fueconorg-4928	188	7	crashes	crash	NOUN
fueconorg-4928	188	8	:	:	PUNCT
fueconorg-4928	188	9	walk	walk	NOUN
fueconorg-4928	188	10	of	of	ADP
fueconorg-4928	188	11	fame	fame	NOUN
fueconorg-4928	188	12	or	or	CCONJ
fueconorg-4928	188	13	hall	hall	NOUN
fueconorg-4928	188	14	of	of	ADP
fueconorg-4928	188	15	shame	shame	NOUN
fueconorg-4928	188	16	?	?	PUNCT
fueconorg-4928	189	1	the	the	DET
fueconorg-4928	189	2	impact	impact	NOUN
fueconorg-4928	189	3	of	of	ADP
fueconorg-4928	189	4	automated	automate	VERB
fueconorg-4928	189	5	trading	trading	NOUN
fueconorg-4928	189	6	systems	system	NOUN
fueconorg-4928	189	7	on	on	ADP
fueconorg-4928	189	8	financial	financial	ADJ
fueconorg-4928	189	9	market	market	NOUN
fueconorg-4928	189	10	stability	stability	NOUN
fueconorg-4928	189	11	265	265	NUM
fueconorg-4928	189	12	the	the	DET
fueconorg-4928	189	13	initiation	initiation	NOUN
fueconorg-4928	189	14	of	of	ADP
fueconorg-4928	189	15	facebook	facebook	PROPN
fueconorg-4928	189	16	’s	’s	PART
fueconorg-4928	189	17	initial	initial	ADJ
fueconorg-4928	189	18	public	public	ADJ
fueconorg-4928	189	19	offering	offering	NOUN
fueconorg-4928	189	20	in	in	ADP
fueconorg-4928	189	21	may	may	PROPN
fueconorg-4928	189	22	2012	2012	NUM
fueconorg-4928	189	23	makes	make	VERB
fueconorg-4928	189	24	another	another	DET
fueconorg-4928	189	25	example	example	NOUN
fueconorg-4928	189	26	of	of	ADP
fueconorg-4928	189	27	market	market	NOUN
fueconorg-4928	189	28	vulnerability	vulnerability	NOUN
fueconorg-4928	189	29	caused	cause	VERB
fueconorg-4928	189	30	by	by	ADP
fueconorg-4928	189	31	the	the	DET
fueconorg-4928	189	32	use	use	NOUN
fueconorg-4928	189	33	of	of	ADP
fueconorg-4928	189	34	high	high	ADJ
fueconorg-4928	189	35	-	-	PUNCT
fueconorg-4928	189	36	frequency	frequency	NOUN
fueconorg-4928	189	37	trading	trading	NOUN
fueconorg-4928	189	38	systems	system	NOUN
fueconorg-4928	189	39	.	.	PUNCT
fueconorg-4928	190	1	the	the	DET
fueconorg-4928	190	2	opening	opening	NOUN
fueconorg-4928	190	3	of	of	ADP
fueconorg-4928	190	4	facebook	facebook	NOUN
fueconorg-4928	190	5	on	on	ADP
fueconorg-4928	190	6	the	the	DET
fueconorg-4928	190	7	stock	stock	NOUN
fueconorg-4928	190	8	market	market	NOUN
fueconorg-4928	190	9	attracted	attract	VERB
fueconorg-4928	190	10	a	a	DET
fueconorg-4928	190	11	large	large	ADJ
fueconorg-4928	190	12	number	number	NOUN
fueconorg-4928	190	13	of	of	ADP
fueconorg-4928	190	14	investors	investor	NOUN
fueconorg-4928	190	15	,	,	PUNCT
fueconorg-4928	190	16	which	which	PRON
fueconorg-4928	190	17	was	be	AUX
fueconorg-4928	190	18	not	not	PART
fueconorg-4928	190	19	supposed	suppose	VERB
fueconorg-4928	190	20	to	to	PART
fueconorg-4928	190	21	be	be	AUX
fueconorg-4928	190	22	a	a	DET
fueconorg-4928	190	23	problem	problem	NOUN
fueconorg-4928	190	24	for	for	ADP
fueconorg-4928	190	25	nasdaq	nasdaq	NOUN
fueconorg-4928	190	26	,	,	PUNCT
fueconorg-4928	190	27	because	because	SCONJ
fueconorg-4928	190	28	this	this	DET
fueconorg-4928	190	29	over	over	ADP
fueconorg-4928	190	30	-	-	PUNCT
fueconorg-4928	190	31	the	the	DET
fueconorg-4928	190	32	-	-	PUNCT
fueconorg-4928	190	33	counter	counter	NOUN
fueconorg-4928	190	34	market	market	NOUN
fueconorg-4928	190	35	is	be	AUX
fueconorg-4928	190	36	characterized	characterize	VERB
fueconorg-4928	190	37	by	by	ADP
fueconorg-4928	190	38	the	the	DET
fueconorg-4928	190	39	ability	ability	NOUN
fueconorg-4928	190	40	to	to	PART
fueconorg-4928	190	41	process	process	VERB
fueconorg-4928	190	42	large	large	ADJ
fueconorg-4928	190	43	amounts	amount	NOUN
fueconorg-4928	190	44	of	of	ADP
fueconorg-4928	190	45	orders	order	NOUN
fueconorg-4928	190	46	.	.	PUNCT
fueconorg-4928	191	1	however	however	ADV
fueconorg-4928	191	2	,	,	PUNCT
fueconorg-4928	191	3	the	the	DET
fueconorg-4928	191	4	huge	huge	ADJ
fueconorg-4928	191	5	demand	demand	NOUN
fueconorg-4928	191	6	for	for	ADP
fueconorg-4928	191	7	facebook	facebook	NOUN
fueconorg-4928	191	8	shares	share	NOUN
fueconorg-4928	191	9	,	,	PUNCT
fueconorg-4928	191	10	which	which	PRON
fueconorg-4928	191	11	was	be	AUX
fueconorg-4928	191	12	placed	place	VERB
fueconorg-4928	191	13	using	use	VERB
fueconorg-4928	191	14	the	the	DET
fueconorg-4928	191	15	orders	order	NOUN
fueconorg-4928	191	16	of	of	ADP
fueconorg-4928	191	17	high	high	ADJ
fueconorg-4928	191	18	-	-	PUNCT
fueconorg-4928	191	19	frequency	frequency	NOUN
fueconorg-4928	191	20	system	system	NOUN
fueconorg-4928	191	21	,	,	PUNCT
fueconorg-4928	191	22	made	make	VERB
fueconorg-4928	191	23	nasdaq	nasdaq	PROPN
fueconorg-4928	191	24	computers	computer	NOUN
fueconorg-4928	191	25	slow	slow	VERB
fueconorg-4928	191	26	down	down	ADP
fueconorg-4928	191	27	.	.	PUNCT
fueconorg-4928	192	1	instead	instead	ADV
fueconorg-4928	192	2	of	of	ADP
fueconorg-4928	192	3	the	the	DET
fueconorg-4928	192	4	usual	usual	ADJ
fueconorg-4928	192	5	0.04	0.04	NUM
fueconorg-4928	192	6	milliseconds	millisecond	NOUN
fueconorg-4928	192	7	to	to	PART
fueconorg-4928	192	8	calculate	calculate	VERB
fueconorg-4928	192	9	the	the	DET
fueconorg-4928	192	10	price	price	NOUN
fueconorg-4928	192	11	,	,	PUNCT
fueconorg-4928	192	12	computers	computer	NOUN
fueconorg-4928	192	13	took	take	VERB
fueconorg-4928	192	14	almost	almost	ADV
fueconorg-4928	192	15	a	a	DET
fueconorg-4928	192	16	hundred	hundred	NUM
fueconorg-4928	192	17	times	time	NOUN
fueconorg-4928	192	18	more	more	ADJ
fueconorg-4928	192	19	,	,	PUNCT
fueconorg-4928	192	20	i.e.	i.e.	X
fueconorg-4928	192	21	5	5	NUM
fueconorg-4928	192	22	milliseconds	millisecond	NOUN
fueconorg-4928	192	23	to	to	PART
fueconorg-4928	192	24	carry	carry	VERB
fueconorg-4928	192	25	out	out	ADP
fueconorg-4928	192	26	the	the	DET
fueconorg-4928	192	27	same	same	ADJ
fueconorg-4928	192	28	operation	operation	NOUN
fueconorg-4928	192	29	(	(	PUNCT
fueconorg-4928	192	30	zook	zook	PROPN
fueconorg-4928	192	31	&	&	CCONJ
fueconorg-4928	192	32	grote	grote	PROPN
fueconorg-4928	192	33	,	,	PUNCT
fueconorg-4928	192	34	2016	2016	NUM
fueconorg-4928	192	35	,	,	PUNCT
fueconorg-4928	192	36	pp	pp	ADJ
fueconorg-4928	192	37	.	.	PUNCT
fueconorg-4928	192	38	12	12	NUM
fueconorg-4928	192	39	)	)	PUNCT
fueconorg-4928	192	40	.	.	PUNCT
fueconorg-4928	193	1	an	an	DET
fueconorg-4928	193	2	unanticipated	unanticipated	ADJ
fueconorg-4928	193	3	problem	problem	NOUN
fueconorg-4928	193	4	with	with	ADP
fueconorg-4928	193	5	nasdaq	nasdaq	PROPN
fueconorg-4928	193	6	’s	’s	PART
fueconorg-4928	193	7	initial	initial	ADJ
fueconorg-4928	193	8	public	public	ADJ
fueconorg-4928	193	9	offering	offering	NOUN
fueconorg-4928	193	10	system	system	NOUN
fueconorg-4928	193	11	led	lead	VERB
fueconorg-4928	193	12	to	to	ADP
fueconorg-4928	193	13	a	a	DET
fueconorg-4928	193	14	30	30	NUM
fueconorg-4928	193	15	-	-	PUNCT
fueconorg-4928	193	16	minute	minute	NOUN
fueconorg-4928	193	17	delay	delay	NOUN
fueconorg-4928	193	18	in	in	ADP
fueconorg-4928	193	19	opening	open	VERB
fueconorg-4928	193	20	facebook	facebook	NOUN
fueconorg-4928	193	21	positions	position	NOUN
fueconorg-4928	193	22	,	,	PUNCT
fueconorg-4928	193	23	which	which	PRON
fueconorg-4928	193	24	is	be	AUX
fueconorg-4928	193	25	a	a	DET
fueconorg-4928	193	26	serious	serious	ADJ
fueconorg-4928	193	27	lag	lag	NOUN
fueconorg-4928	193	28	in	in	ADP
fueconorg-4928	193	29	today	today	NOUN
fueconorg-4928	193	30	’s	’s	PART
fueconorg-4928	193	31	market	market	NOUN
fueconorg-4928	193	32	environment	environment	NOUN
fueconorg-4928	193	33	characterized	characterize	VERB
fueconorg-4928	193	34	by	by	ADP
fueconorg-4928	193	35	hyperactivity	hyperactivity	NOUN
fueconorg-4928	193	36	(	(	PUNCT
fueconorg-4928	193	37	kirilenko	kirilenko	PROPN
fueconorg-4928	193	38	&	&	CCONJ
fueconorg-4928	193	39	lo	lo	PROPN
fueconorg-4928	193	40	,	,	PUNCT
fueconorg-4928	193	41	2013	2013	NUM
fueconorg-4928	193	42	,	,	PUNCT
fueconorg-4928	193	43	pp	pp	ADJ
fueconorg-4928	193	44	.	.	PUNCT
fueconorg-4928	193	45	63	63	NUM
fueconorg-4928	193	46	)	)	PUNCT
fueconorg-4928	193	47	.	.	PUNCT
fueconorg-4928	194	1	despite	despite	SCONJ
fueconorg-4928	194	2	the	the	DET
fueconorg-4928	194	3	fact	fact	NOUN
fueconorg-4928	194	4	that	that	SCONJ
fueconorg-4928	194	5	after	after	ADP
fueconorg-4928	194	6	the	the	DET
fueconorg-4928	194	7	initial	initial	ADJ
fueconorg-4928	194	8	delay	delay	NOUN
fueconorg-4928	194	9	,	,	PUNCT
fueconorg-4928	194	10	the	the	DET
fueconorg-4928	194	11	trading	trading	NOUN
fueconorg-4928	194	12	of	of	ADP
fueconorg-4928	194	13	facebook	facebook	PROPN
fueconorg-4928	194	14	shares	share	NOUN
fueconorg-4928	194	15	continued	continue	VERB
fueconorg-4928	194	16	at	at	ADP
fueconorg-4928	194	17	a	a	DET
fueconorg-4928	194	18	usual	usual	ADJ
fueconorg-4928	194	19	rate	rate	NOUN
fueconorg-4928	194	20	,	,	PUNCT
fueconorg-4928	194	21	short	short	ADJ
fueconorg-4928	194	22	-	-	PUNCT
fueconorg-4928	194	23	term	term	NOUN
fueconorg-4928	194	24	software	software	NOUN
fueconorg-4928	194	25	problems	problem	NOUN
fueconorg-4928	194	26	on	on	ADP
fueconorg-4928	194	27	nasdaq	nasdaq	PROPN
fueconorg-4928	194	28	led	lead	VERB
fueconorg-4928	194	29	to	to	ADP
fueconorg-4928	194	30	losses	loss	NOUN
fueconorg-4928	194	31	that	that	PRON
fueconorg-4928	194	32	cost	cost	VERB
fueconorg-4928	194	33	investors	investor	NOUN
fueconorg-4928	194	34	and	and	CCONJ
fueconorg-4928	194	35	their	their	PRON
fueconorg-4928	194	36	brokerage	brokerage	NOUN
fueconorg-4928	194	37	houses	house	NOUN
fueconorg-4928	194	38	tens	ten	NOUN
fueconorg-4928	194	39	of	of	ADP
fueconorg-4928	194	40	millions	million	NOUN
fueconorg-4928	194	41	of	of	ADP
fueconorg-4928	194	42	dollars	dollar	NOUN
fueconorg-4928	194	43	(	(	PUNCT
fueconorg-4928	194	44	jones	jones	PROPN
fueconorg-4928	194	45	,	,	PUNCT
fueconorg-4928	194	46	2013	2013	NUM
fueconorg-4928	194	47	,	,	PUNCT
fueconorg-4928	194	48	pp	pp	ADJ
fueconorg-4928	194	49	.	.	PUNCT
fueconorg-4928	194	50	41	41	NUM
fueconorg-4928	194	51	)	)	PUNCT
fueconorg-4928	194	52	.	.	PUNCT
fueconorg-4928	195	1	the	the	DET
fueconorg-4928	195	2	rise	rise	NOUN
fueconorg-4928	195	3	of	of	ADP
fueconorg-4928	195	4	automated	automate	VERB
fueconorg-4928	195	5	trading	trading	NOUN
fueconorg-4928	195	6	was	be	AUX
fueconorg-4928	195	7	followed	follow	VERB
fueconorg-4928	195	8	by	by	ADP
fueconorg-4928	195	9	instabilities	instability	NOUN
fueconorg-4928	195	10	that	that	PRON
fueconorg-4928	195	11	made	make	VERB
fueconorg-4928	195	12	the	the	DET
fueconorg-4928	195	13	financial	financial	ADJ
fueconorg-4928	195	14	markets	market	NOUN
fueconorg-4928	195	15	more	more	ADV
fueconorg-4928	195	16	vulnerable	vulnerable	ADJ
fueconorg-4928	195	17	than	than	ADP
fueconorg-4928	195	18	before	before	ADV
fueconorg-4928	195	19	.	.	PUNCT
fueconorg-4928	196	1	technological	technological	ADJ
fueconorg-4928	196	2	concerns	concern	NOUN
fueconorg-4928	196	3	in	in	ADP
fueconorg-4928	196	4	the	the	DET
fueconorg-4928	196	5	years	year	NOUN
fueconorg-4928	196	6	following	follow	VERB
fueconorg-4928	196	7	2012	2012	NUM
fueconorg-4928	196	8	have	have	AUX
fueconorg-4928	196	9	led	lead	VERB
fueconorg-4928	196	10	to	to	ADP
fueconorg-4928	196	11	the	the	DET
fueconorg-4928	196	12	emergence	emergence	NOUN
fueconorg-4928	196	13	of	of	ADP
fueconorg-4928	196	14	less	less	ADV
fueconorg-4928	196	15	dramatic	dramatic	ADJ
fueconorg-4928	196	16	market	market	NOUN
fueconorg-4928	196	17	crashes	crash	NOUN
fueconorg-4928	196	18	,	,	PUNCT
fueconorg-4928	196	19	localized	localize	VERB
fueconorg-4928	196	20	within	within	ADP
fueconorg-4928	196	21	the	the	DET
fueconorg-4928	196	22	change	change	NOUN
fueconorg-4928	196	23	of	of	ADP
fueconorg-4928	196	24	the	the	DET
fueconorg-4928	196	25	value	value	NOUN
fueconorg-4928	196	26	of	of	ADP
fueconorg-4928	196	27	one	one	NUM
fueconorg-4928	196	28	share	share	NOUN
fueconorg-4928	196	29	.	.	PUNCT
fueconorg-4928	197	1	most	most	ADV
fueconorg-4928	197	2	commonly	commonly	ADV
fueconorg-4928	197	3	,	,	PUNCT
fueconorg-4928	197	4	these	these	DET
fueconorg-4928	197	5	market	market	NOUN
fueconorg-4928	197	6	crashes	crash	NOUN
fueconorg-4928	197	7	are	be	AUX
fueconorg-4928	197	8	called	call	VERB
fueconorg-4928	197	9	ultrafast	ultrafast	ADJ
fueconorg-4928	197	10	extreme	extreme	ADJ
fueconorg-4928	197	11	events	event	NOUN
fueconorg-4928	197	12	,	,	PUNCT
fueconorg-4928	197	13	since	since	SCONJ
fueconorg-4928	197	14	a	a	DET
fueconorg-4928	197	15	significant	significant	ADJ
fueconorg-4928	197	16	increase	increase	NOUN
fueconorg-4928	197	17	or	or	CCONJ
fueconorg-4928	197	18	decrease	decrease	NOUN
fueconorg-4928	197	19	in	in	ADP
fueconorg-4928	197	20	stock	stock	NOUN
fueconorg-4928	197	21	prices	price	NOUN
fueconorg-4928	197	22	happens	happen	VERB
fueconorg-4928	197	23	within	within	ADP
fueconorg-4928	197	24	milliseconds	millisecond	NOUN
fueconorg-4928	197	25	(	(	PUNCT
fueconorg-4928	197	26	braun	braun	NOUN
fueconorg-4928	197	27	,	,	PUNCT
fueconorg-4928	197	28	fiegen	fiegen	PROPN
fueconorg-4928	197	29	,	,	PUNCT
fueconorg-4928	197	30	wagner	wagner	PROPN
fueconorg-4928	197	31	,	,	PUNCT
fueconorg-4928	197	32	krause	krause	PROPN
fueconorg-4928	197	33	,	,	PUNCT
fueconorg-4928	197	34	&	&	CCONJ
fueconorg-4928	197	35	guhr	guhr	PROPN
fueconorg-4928	197	36	,	,	PUNCT
fueconorg-4928	197	37	2018	2018	NUM
fueconorg-4928	197	38	,	,	PUNCT
fueconorg-4928	197	39	pp	pp	ADJ
fueconorg-4928	197	40	.	.	NOUN
fueconorg-4928	197	41	1	1	NUM
fueconorg-4928	197	42	)	)	PUNCT
fueconorg-4928	197	43	.	.	PUNCT
fueconorg-4928	198	1	there	there	PRON
fueconorg-4928	198	2	is	be	VERB
fueconorg-4928	198	3	a	a	DET
fueconorg-4928	198	4	controversy	controversy	NOUN
fueconorg-4928	198	5	in	in	ADP
fueconorg-4928	198	6	the	the	DET
fueconorg-4928	198	7	attitudes	attitude	NOUN
fueconorg-4928	198	8	held	hold	VERB
fueconorg-4928	198	9	by	by	ADP
fueconorg-4928	198	10	experts	expert	NOUN
fueconorg-4928	198	11	on	on	ADP
fueconorg-4928	198	12	the	the	DET
fueconorg-4928	198	13	reasons	reason	NOUN
fueconorg-4928	198	14	of	of	ADP
fueconorg-4928	198	15	mini	mini	ADJ
fueconorg-4928	198	16	flash	flash	NOUN
fueconorg-4928	198	17	crash	crash	NOUN
fueconorg-4928	198	18	emergence	emergence	NOUN
fueconorg-4928	198	19	.	.	PUNCT
fueconorg-4928	199	1	most	most	ADV
fueconorg-4928	199	2	often	often	ADV
fueconorg-4928	199	3	,	,	PUNCT
fueconorg-4928	199	4	the	the	DET
fueconorg-4928	199	5	focus	focus	NOUN
fueconorg-4928	199	6	of	of	ADP
fueconorg-4928	199	7	their	their	PRON
fueconorg-4928	199	8	attention	attention	NOUN
fueconorg-4928	199	9	is	be	AUX
fueconorg-4928	199	10	still	still	ADV
fueconorg-4928	199	11	on	on	ADP
fueconorg-4928	199	12	high	high	ADJ
fueconorg-4928	199	13	-	-	PUNCT
fueconorg-4928	199	14	frequency	frequency	NOUN
fueconorg-4928	199	15	trading	trading	NOUN
fueconorg-4928	199	16	systems	system	NOUN
fueconorg-4928	199	17	.	.	PUNCT
fueconorg-4928	200	1	however	however	ADV
fueconorg-4928	200	2	,	,	PUNCT
fueconorg-4928	200	3	market	market	NOUN
fueconorg-4928	200	4	manipulation	manipulation	NOUN
fueconorg-4928	200	5	and	and	CCONJ
fueconorg-4928	200	6	unbalanced	unbalanced	ADJ
fueconorg-4928	200	7	liquidity	liquidity	NOUN
fueconorg-4928	200	8	,	,	PUNCT
fueconorg-4928	200	9	on	on	ADP
fueconorg-4928	200	10	the	the	DET
fueconorg-4928	200	11	one	one	NUM
fueconorg-4928	200	12	hand	hand	NOUN
fueconorg-4928	200	13	,	,	PUNCT
fueconorg-4928	200	14	and	and	CCONJ
fueconorg-4928	200	15	large	large	ADJ
fueconorg-4928	200	16	orders	order	NOUN
fueconorg-4928	200	17	,	,	PUNCT
fueconorg-4928	200	18	on	on	ADP
fueconorg-4928	200	19	the	the	DET
fueconorg-4928	200	20	other	other	ADJ
fueconorg-4928	200	21	,	,	PUNCT
fueconorg-4928	200	22	are	be	AUX
fueconorg-4928	200	23	also	also	ADV
fueconorg-4928	200	24	marked	mark	VERB
fueconorg-4928	200	25	as	as	ADP
fueconorg-4928	200	26	possible	possible	ADJ
fueconorg-4928	200	27	triggers	trigger	NOUN
fueconorg-4928	200	28	.	.	PUNCT
fueconorg-4928	201	1	consequently	consequently	ADV
fueconorg-4928	201	2	,	,	PUNCT
fueconorg-4928	201	3	the	the	DET
fueconorg-4928	201	4	regulators	regulator	NOUN
fueconorg-4928	201	5	seek	seek	VERB
fueconorg-4928	201	6	to	to	PART
fueconorg-4928	201	7	gather	gather	VERB
fueconorg-4928	201	8	all	all	DET
fueconorg-4928	201	9	necessary	necessary	ADJ
fueconorg-4928	201	10	information	information	NOUN
fueconorg-4928	201	11	from	from	ADP
fueconorg-4928	201	12	the	the	DET
fueconorg-4928	201	13	market	market	NOUN
fueconorg-4928	201	14	in	in	ADP
fueconorg-4928	201	15	order	order	NOUN
fueconorg-4928	201	16	to	to	PART
fueconorg-4928	201	17	create	create	VERB
fueconorg-4928	201	18	adequate	adequate	ADJ
fueconorg-4928	201	19	provisions	provision	NOUN
fueconorg-4928	201	20	in	in	ADP
fueconorg-4928	201	21	the	the	DET
fueconorg-4928	201	22	field	field	NOUN
fueconorg-4928	201	23	of	of	ADP
fueconorg-4928	201	24	automated	automate	VERB
fueconorg-4928	201	25	trading	trading	NOUN
fueconorg-4928	201	26	systems	system	NOUN
fueconorg-4928	201	27	,	,	PUNCT
fueconorg-4928	201	28	which	which	PRON
fueconorg-4928	201	29	will	will	AUX
fueconorg-4928	201	30	reduce	reduce	VERB
fueconorg-4928	201	31	the	the	DET
fueconorg-4928	201	32	risk	risk	NOUN
fueconorg-4928	201	33	of	of	ADP
fueconorg-4928	201	34	endangering	endanger	VERB
fueconorg-4928	201	35	the	the	DET
fueconorg-4928	201	36	integrity	integrity	NOUN
fueconorg-4928	201	37	of	of	ADP
fueconorg-4928	201	38	the	the	DET
fueconorg-4928	201	39	capital	capital	NOUN
fueconorg-4928	201	40	market	market	NOUN
fueconorg-4928	201	41	.	.	PUNCT
fueconorg-4928	202	1	conclusion	conclusion	VERB
fueconorg-4928	202	2	the	the	DET
fueconorg-4928	202	3	prospects	prospect	NOUN
fueconorg-4928	202	4	for	for	ADP
fueconorg-4928	202	5	further	further	ADJ
fueconorg-4928	202	6	development	development	NOUN
fueconorg-4928	202	7	of	of	ADP
fueconorg-4928	202	8	financial	financial	ADJ
fueconorg-4928	202	9	markets	market	NOUN
fueconorg-4928	202	10	and	and	CCONJ
fueconorg-4928	202	11	financial	financial	ADJ
fueconorg-4928	202	12	institutions	institution	NOUN
fueconorg-4928	202	13	rely	rely	VERB
fueconorg-4928	202	14	heavily	heavily	ADV
fueconorg-4928	202	15	on	on	ADP
fueconorg-4928	202	16	future	future	ADJ
fueconorg-4928	202	17	investments	investment	NOUN
fueconorg-4928	202	18	in	in	ADP
fueconorg-4928	202	19	information	information	NOUN
fueconorg-4928	202	20	technology	technology	NOUN
fueconorg-4928	202	21	.	.	PUNCT
fueconorg-4928	203	1	one	one	NUM
fueconorg-4928	203	2	of	of	ADP
fueconorg-4928	203	3	the	the	DET
fueconorg-4928	203	4	results	result	NOUN
fueconorg-4928	203	5	of	of	ADP
fueconorg-4928	203	6	the	the	DET
fueconorg-4928	203	7	previous	previous	ADJ
fueconorg-4928	203	8	investments	investment	NOUN
fueconorg-4928	203	9	in	in	ADP
fueconorg-4928	203	10	the	the	DET
fueconorg-4928	203	11	development	development	NOUN
fueconorg-4928	203	12	of	of	ADP
fueconorg-4928	203	13	technology	technology	NOUN
fueconorg-4928	203	14	is	be	AUX
fueconorg-4928	203	15	automated	automate	VERB
fueconorg-4928	203	16	trading	trading	NOUN
fueconorg-4928	203	17	systems	system	NOUN
fueconorg-4928	203	18	.	.	PUNCT
fueconorg-4928	204	1	at	at	ADP
fueconorg-4928	204	2	the	the	DET
fueconorg-4928	204	3	very	very	ADJ
fueconorg-4928	204	4	beginning	beginning	NOUN
fueconorg-4928	204	5	of	of	ADP
fueconorg-4928	204	6	this	this	DET
fueconorg-4928	204	7	paper	paper	NOUN
fueconorg-4928	204	8	,	,	PUNCT
fueconorg-4928	204	9	the	the	DET
fueconorg-4928	204	10	theoretical	theoretical	ADJ
fueconorg-4928	204	11	analysis	analysis	NOUN
fueconorg-4928	204	12	pointed	point	VERB
fueconorg-4928	204	13	out	out	ADP
fueconorg-4928	204	14	the	the	DET
fueconorg-4928	204	15	superiority	superiority	NOUN
fueconorg-4928	204	16	of	of	ADP
fueconorg-4928	204	17	these	these	DET
fueconorg-4928	204	18	systems	system	NOUN
fueconorg-4928	204	19	over	over	ADP
fueconorg-4928	204	20	conventional	conventional	ADJ
fueconorg-4928	204	21	stock	stock	NOUN
fueconorg-4928	204	22	trading	trading	NOUN
fueconorg-4928	204	23	.	.	PUNCT
fueconorg-4928	205	1	some	some	PRON
fueconorg-4928	205	2	of	of	ADP
fueconorg-4928	205	3	the	the	DET
fueconorg-4928	205	4	benefits	benefit	NOUN
fueconorg-4928	205	5	of	of	ADP
fueconorg-4928	205	6	these	these	DET
fueconorg-4928	205	7	systems	system	NOUN
fueconorg-4928	205	8	would	would	AUX
fueconorg-4928	205	9	be	be	AUX
fueconorg-4928	205	10	making	make	VERB
fueconorg-4928	205	11	decisions	decision	NOUN
fueconorg-4928	205	12	based	base	VERB
fueconorg-4928	205	13	on	on	ADP
fueconorg-4928	205	14	algorithms	algorithm	NOUN
fueconorg-4928	205	15	and	and	CCONJ
fueconorg-4928	205	16	executing	execute	VERB
fueconorg-4928	205	17	orders	order	NOUN
fueconorg-4928	205	18	in	in	ADP
fueconorg-4928	205	19	a	a	DET
fueconorg-4928	205	20	virtual	virtual	ADJ
fueconorg-4928	205	21	space	space	NOUN
fueconorg-4928	205	22	between	between	ADP
fueconorg-4928	205	23	computers	computer	NOUN
fueconorg-4928	205	24	,	,	PUNCT
fueconorg-4928	205	25	with	with	ADP
fueconorg-4928	205	26	no	no	DET
fueconorg-4928	205	27	need	need	NOUN
fueconorg-4928	205	28	for	for	ADP
fueconorg-4928	205	29	immediate	immediate	ADJ
fueconorg-4928	205	30	human	human	ADJ
fueconorg-4928	205	31	intervention	intervention	NOUN
fueconorg-4928	205	32	.	.	PUNCT
fueconorg-4928	206	1	the	the	DET
fueconorg-4928	206	2	new	new	ADJ
fueconorg-4928	206	3	era	era	NOUN
fueconorg-4928	206	4	of	of	ADP
fueconorg-4928	206	5	trading	trading	NOUN
fueconorg-4928	206	6	enabled	enable	VERB
fueconorg-4928	206	7	more	more	ADV
fueconorg-4928	206	8	efficient	efficient	ADJ
fueconorg-4928	206	9	order	order	NOUN
fueconorg-4928	206	10	execution	execution	NOUN
fueconorg-4928	206	11	,	,	PUNCT
fueconorg-4928	206	12	which	which	PRON
fueconorg-4928	206	13	ultimately	ultimately	ADV
fueconorg-4928	206	14	resulted	result	VERB
fueconorg-4928	206	15	in	in	ADP
fueconorg-4928	206	16	improved	improved	ADJ
fueconorg-4928	206	17	characteristics	characteristic	NOUN
fueconorg-4928	206	18	of	of	ADP
fueconorg-4928	206	19	stock	stock	NOUN
fueconorg-4928	206	20	portfolio	portfolio	NOUN
fueconorg-4928	206	21	.	.	PUNCT
fueconorg-4928	207	1	speed	speed	NOUN
fueconorg-4928	207	2	,	,	PUNCT
fueconorg-4928	207	3	real	real	ADJ
fueconorg-4928	207	4	-	-	PUNCT
fueconorg-4928	207	5	time	time	NOUN
fueconorg-4928	207	6	software	software	NOUN
fueconorg-4928	207	7	decision	decision	NOUN
fueconorg-4928	207	8	making	making	NOUN
fueconorg-4928	207	9	,	,	PUNCT
fueconorg-4928	207	10	automatic	automatic	ADJ
fueconorg-4928	207	11	order	order	NOUN
fueconorg-4928	207	12	execution	execution	NOUN
fueconorg-4928	207	13	and	and	CCONJ
fueconorg-4928	207	14	reduced	reduce	VERB
fueconorg-4928	207	15	transaction	transaction	NOUN
fueconorg-4928	207	16	costs	cost	NOUN
fueconorg-4928	207	17	for	for	ADP
fueconorg-4928	207	18	traders	trader	NOUN
fueconorg-4928	207	19	have	have	AUX
fueconorg-4928	207	20	made	make	VERB
fueconorg-4928	207	21	global	global	ADJ
fueconorg-4928	207	22	financial	financial	ADJ
fueconorg-4928	207	23	markets	market	NOUN
fueconorg-4928	207	24	open	open	ADJ
fueconorg-4928	207	25	to	to	ADP
fueconorg-4928	207	26	these	these	DET
fueconorg-4928	207	27	systems	system	NOUN
fueconorg-4928	207	28	.	.	PUNCT
fueconorg-4928	208	1	on	on	ADP
fueconorg-4928	208	2	the	the	DET
fueconorg-4928	208	3	other	other	ADJ
fueconorg-4928	208	4	hand	hand	NOUN
fueconorg-4928	208	5	,	,	PUNCT
fueconorg-4928	208	6	such	such	DET
fueconorg-4928	208	7	a	a	DET
fueconorg-4928	208	8	rapid	rapid	ADJ
fueconorg-4928	208	9	expansion	expansion	NOUN
fueconorg-4928	208	10	of	of	ADP
fueconorg-4928	208	11	automatic	automatic	ADJ
fueconorg-4928	208	12	trading	trading	NOUN
fueconorg-4928	208	13	has	have	AUX
fueconorg-4928	208	14	seriously	seriously	ADV
fueconorg-4928	208	15	affected	affect	VERB
fueconorg-4928	208	16	the	the	DET
fueconorg-4928	208	17	stability	stability	NOUN
fueconorg-4928	208	18	of	of	ADP
fueconorg-4928	208	19	financial	financial	ADJ
fueconorg-4928	208	20	markets	market	NOUN
fueconorg-4928	208	21	on	on	ADP
fueconorg-4928	208	22	several	several	ADJ
fueconorg-4928	208	23	occasions	occasion	NOUN
fueconorg-4928	208	24	.	.	PUNCT
fueconorg-4928	209	1	the	the	DET
fueconorg-4928	209	2	evidence	evidence	NOUN
fueconorg-4928	209	3	is	be	AUX
fueconorg-4928	209	4	provided	provide	VERB
fueconorg-4928	209	5	by	by	ADP
fueconorg-4928	209	6	empirical	empirical	ADJ
fueconorg-4928	209	7	research	research	NOUN
fueconorg-4928	209	8	on	on	ADP
fueconorg-4928	209	9	the	the	DET
fueconorg-4928	209	10	events	event	NOUN
fueconorg-4928	209	11	such	such	ADJ
fueconorg-4928	209	12	as	as	ADP
fueconorg-4928	209	13	flash	flash	NOUN
fueconorg-4928	209	14	crash	crash	NOUN
fueconorg-4928	209	15	,	,	PUNCT
fueconorg-4928	209	16	as	as	ADV
fueconorg-4928	209	17	well	well	ADV
fueconorg-4928	209	18	as	as	ADP
fueconorg-4928	209	19	the	the	DET
fueconorg-4928	209	20	delay	delay	NOUN
fueconorg-4928	209	21	of	of	ADP
fueconorg-4928	209	22	the	the	DET
fueconorg-4928	209	23	initial	initial	ADJ
fueconorg-4928	209	24	public	public	ADJ
fueconorg-4928	209	25	offering	offering	NOUN
fueconorg-4928	209	26	of	of	ADP
fueconorg-4928	209	27	facebook	facebook	NOUN
fueconorg-4928	209	28	shares	share	NOUN
fueconorg-4928	209	29	.	.	PUNCT
fueconorg-4928	210	1	in	in	ADP
fueconorg-4928	210	2	both	both	DET
fueconorg-4928	210	3	cases	case	NOUN
fueconorg-4928	210	4	,	,	PUNCT
fueconorg-4928	210	5	the	the	DET
fueconorg-4928	210	6	risks	risk	NOUN
fueconorg-4928	210	7	266	266	NUM
fueconorg-4928	210	8	v.	v.	ADP
fueconorg-4928	210	9	todorović	todorović	NOUN
fueconorg-4928	210	10	,	,	PUNCT
fueconorg-4928	210	11	a.	a.	NOUN
fueconorg-4928	210	12	pešterac	pešterac	PROPN
fueconorg-4928	210	13	,	,	PUNCT
fueconorg-4928	210	14	n.	n.	NOUN
fueconorg-4928	210	15	tomić	tomić	NOUN
fueconorg-4928	210	16	associated	associate	VERB
fueconorg-4928	210	17	with	with	ADP
fueconorg-4928	210	18	high	high	ADJ
fueconorg-4928	210	19	-	-	PUNCT
fueconorg-4928	210	20	frequency	frequency	NOUN
fueconorg-4928	210	21	trading	trading	NOUN
fueconorg-4928	210	22	such	such	ADJ
fueconorg-4928	210	23	as	as	ADP
fueconorg-4928	210	24	inaccurate	inaccurate	ADJ
fueconorg-4928	210	25	computer	computer	NOUN
fueconorg-4928	210	26	interpretation	interpretation	NOUN
fueconorg-4928	210	27	,	,	PUNCT
fueconorg-4928	210	28	lack	lack	NOUN
fueconorg-4928	210	29	of	of	ADP
fueconorg-4928	210	30	capacity	capacity	NOUN
fueconorg-4928	210	31	,	,	PUNCT
fueconorg-4928	210	32	programming	programming	NOUN
fueconorg-4928	210	33	error	error	NOUN
fueconorg-4928	210	34	or	or	CCONJ
fueconorg-4928	210	35	targeted	target	VERB
fueconorg-4928	210	36	manipulation	manipulation	NOUN
fueconorg-4928	210	37	seem	seem	VERB
fueconorg-4928	210	38	to	to	PART
fueconorg-4928	210	39	be	be	AUX
fueconorg-4928	210	40	the	the	DET
fueconorg-4928	210	41	main	main	ADJ
fueconorg-4928	210	42	instigators	instigator	NOUN
fueconorg-4928	210	43	of	of	ADP
fueconorg-4928	210	44	market	market	NOUN
fueconorg-4928	210	45	instability	instability	NOUN
fueconorg-4928	210	46	.	.	PUNCT
fueconorg-4928	211	1	the	the	DET
fueconorg-4928	211	2	analysis	analysis	NOUN
fueconorg-4928	211	3	shows	show	VERB
fueconorg-4928	211	4	that	that	SCONJ
fueconorg-4928	211	5	these	these	DET
fueconorg-4928	211	6	events	event	NOUN
fueconorg-4928	211	7	were	be	AUX
fueconorg-4928	211	8	one	one	NUM
fueconorg-4928	211	9	of	of	ADP
fueconorg-4928	211	10	the	the	DET
fueconorg-4928	211	11	triggers	trigger	NOUN
fueconorg-4928	211	12	for	for	ADP
fueconorg-4928	211	13	reducing	reduce	VERB
fueconorg-4928	211	14	high	high	ADJ
fueconorg-4928	211	15	-	-	PUNCT
fueconorg-4928	211	16	frequency	frequency	NOUN
fueconorg-4928	211	17	trading	trading	NOUN
fueconorg-4928	211	18	volume	volume	NOUN
fueconorg-4928	211	19	in	in	ADP
fueconorg-4928	211	20	the	the	DET
fueconorg-4928	211	21	last	last	ADJ
fueconorg-4928	211	22	few	few	ADJ
fueconorg-4928	211	23	years	year	NOUN
fueconorg-4928	211	24	.	.	PUNCT
fueconorg-4928	212	1	altogether	altogether	ADV
fueconorg-4928	212	2	,	,	PUNCT
fueconorg-4928	212	3	although	although	SCONJ
fueconorg-4928	212	4	golden	golden	ADJ
fueconorg-4928	212	5	age	age	NOUN
fueconorg-4928	212	6	is	be	AUX
fueconorg-4928	212	7	far	far	ADV
fueconorg-4928	212	8	behind	behind	ADV
fueconorg-4928	212	9	,	,	PUNCT
fueconorg-4928	212	10	the	the	DET
fueconorg-4928	212	11	conclusion	conclusion	NOUN
fueconorg-4928	212	12	is	be	AUX
fueconorg-4928	212	13	that	that	SCONJ
fueconorg-4928	212	14	risks	risk	NOUN
fueconorg-4928	212	15	can	can	AUX
fueconorg-4928	212	16	be	be	AUX
fueconorg-4928	212	17	avoided	avoid	VERB
fueconorg-4928	212	18	by	by	ADP
fueconorg-4928	212	19	introducing	introduce	VERB
fueconorg-4928	212	20	new	new	ADJ
fueconorg-4928	212	21	appropriate	appropriate	ADJ
fueconorg-4928	212	22	measures	measure	NOUN
fueconorg-4928	212	23	of	of	ADP
fueconorg-4928	212	24	regulation	regulation	NOUN
fueconorg-4928	212	25	and	and	CCONJ
fueconorg-4928	212	26	international	international	ADJ
fueconorg-4928	212	27	standards	standard	NOUN
fueconorg-4928	212	28	,	,	PUNCT
fueconorg-4928	212	29	so	so	SCONJ
fueconorg-4928	212	30	that	that	SCONJ
fueconorg-4928	212	31	in	in	ADP
fueconorg-4928	212	32	the	the	DET
fueconorg-4928	212	33	years	year	NOUN
fueconorg-4928	212	34	to	to	PART
fueconorg-4928	212	35	come	come	VERB
fueconorg-4928	212	36	,	,	PUNCT
fueconorg-4928	212	37	society	society	NOUN
fueconorg-4928	212	38	can	can	AUX
fueconorg-4928	212	39	take	take	VERB
fueconorg-4928	212	40	advantage	advantage	NOUN
fueconorg-4928	212	41	of	of	ADP
fueconorg-4928	212	42	the	the	DET
fueconorg-4928	212	43	positive	positive	ADJ
fueconorg-4928	212	44	sides	side	NOUN
fueconorg-4928	212	45	of	of	ADP
fueconorg-4928	212	46	these	these	DET
fueconorg-4928	212	47	systems	system	NOUN
fueconorg-4928	212	48	.	.	PUNCT
fueconorg-4928	213	1	it	it	PRON
fueconorg-4928	213	2	should	should	AUX
fueconorg-4928	213	3	be	be	AUX
fueconorg-4928	213	4	noted	note	VERB
fueconorg-4928	213	5	that	that	SCONJ
fueconorg-4928	213	6	technological	technological	ADJ
fueconorg-4928	213	7	innovations	innovation	NOUN
fueconorg-4928	213	8	are	be	AUX
fueconorg-4928	213	9	essential	essential	ADJ
fueconorg-4928	213	10	for	for	ADP
fueconorg-4928	213	11	the	the	DET
fueconorg-4928	213	12	development	development	NOUN
fueconorg-4928	213	13	and	and	CCONJ
fueconorg-4928	213	14	improvement	improvement	NOUN
fueconorg-4928	213	15	of	of	ADP
fueconorg-4928	213	16	the	the	DET
fueconorg-4928	213	17	market	market	NOUN
fueconorg-4928	213	18	.	.	PUNCT
fueconorg-4928	214	1	in	in	ADP
fueconorg-4928	214	2	this	this	DET
fueconorg-4928	214	3	regard	regard	NOUN
fueconorg-4928	214	4	,	,	PUNCT
fueconorg-4928	214	5	the	the	DET
fueconorg-4928	214	6	positive	positive	ADJ
fueconorg-4928	214	7	influence	influence	NOUN
fueconorg-4928	214	8	that	that	PRON
fueconorg-4928	214	9	automated	automate	VERB
fueconorg-4928	214	10	trading	trading	NOUN
fueconorg-4928	214	11	systems	system	NOUN
fueconorg-4928	214	12	have	have	VERB
fueconorg-4928	214	13	on	on	ADP
fueconorg-4928	214	14	the	the	DET
fueconorg-4928	214	15	quality	quality	NOUN
fueconorg-4928	214	16	of	of	ADP
fueconorg-4928	214	17	the	the	DET
fueconorg-4928	214	18	market	market	NOUN
fueconorg-4928	214	19	is	be	AUX
fueconorg-4928	214	20	indisputable	indisputable	ADJ
fueconorg-4928	214	21	and	and	CCONJ
fueconorg-4928	214	22	it	it	PRON
fueconorg-4928	214	23	is	be	AUX
fueconorg-4928	214	24	proven	prove	VERB
fueconorg-4928	214	25	by	by	ADP
fueconorg-4928	214	26	earlier	early	ADJ
fueconorg-4928	214	27	empirical	empirical	ADJ
fueconorg-4928	214	28	researches	research	NOUN
fueconorg-4928	214	29	.	.	PUNCT
fueconorg-4928	215	1	the	the	DET
fueconorg-4928	215	2	contribution	contribution	NOUN
fueconorg-4928	215	3	of	of	ADP
fueconorg-4928	215	4	these	these	DET
fueconorg-4928	215	5	systems	system	NOUN
fueconorg-4928	215	6	should	should	AUX
fueconorg-4928	215	7	not	not	PART
fueconorg-4928	215	8	be	be	AUX
fueconorg-4928	215	9	called	call	VERB
fueconorg-4928	215	10	into	into	ADP
fueconorg-4928	215	11	question	question	NOUN
fueconorg-4928	215	12	even	even	ADV
fueconorg-4928	215	13	if	if	SCONJ
fueconorg-4928	215	14	the	the	DET
fueconorg-4928	215	15	circumstances	circumstance	NOUN
fueconorg-4928	215	16	when	when	SCONJ
fueconorg-4928	215	17	these	these	DET
fueconorg-4928	215	18	systems	system	NOUN
fueconorg-4928	215	19	can	can	AUX
fueconorg-4928	215	20	destabilize	destabilize	VERB
fueconorg-4928	215	21	the	the	DET
fueconorg-4928	215	22	market	market	NOUN
fueconorg-4928	215	23	in	in	ADP
fueconorg-4928	215	24	the	the	DET
fueconorg-4928	215	25	short	short	ADJ
fueconorg-4928	215	26	term	term	NOUN
fueconorg-4928	215	27	are	be	AUX
fueconorg-4928	215	28	taken	take	VERB
fueconorg-4928	215	29	into	into	ADP
fueconorg-4928	215	30	account	account	NOUN
fueconorg-4928	215	31	.	.	PUNCT
fueconorg-4928	216	1	the	the	DET
fueconorg-4928	216	2	market	market	NOUN
fueconorg-4928	216	3	crashes	crash	NOUN
fueconorg-4928	216	4	pointed	point	VERB
fueconorg-4928	216	5	to	to	ADP
fueconorg-4928	216	6	the	the	DET
fueconorg-4928	216	7	weaknesses	weakness	NOUN
fueconorg-4928	216	8	of	of	ADP
fueconorg-4928	216	9	automated	automate	VERB
fueconorg-4928	216	10	trading	trading	NOUN
fueconorg-4928	216	11	systems	system	NOUN
fueconorg-4928	216	12	.	.	PUNCT
fueconorg-4928	217	1	studying	study	VERB
fueconorg-4928	217	2	detected	detect	VERB
fueconorg-4928	217	3	weaknesses	weakness	NOUN
fueconorg-4928	217	4	should	should	AUX
fueconorg-4928	217	5	serve	serve	VERB
fueconorg-4928	217	6	regulators	regulator	NOUN
fueconorg-4928	217	7	,	,	PUNCT
fueconorg-4928	217	8	since	since	SCONJ
fueconorg-4928	217	9	further	further	ADJ
fueconorg-4928	217	10	progress	progress	NOUN
fueconorg-4928	217	11	and	and	CCONJ
fueconorg-4928	217	12	evolution	evolution	NOUN
fueconorg-4928	217	13	of	of	ADP
fueconorg-4928	217	14	automated	automate	VERB
fueconorg-4928	217	15	trading	trading	NOUN
fueconorg-4928	217	16	systems	system	NOUN
fueconorg-4928	217	17	necessarily	necessarily	ADV
fueconorg-4928	217	18	require	require	VERB
fueconorg-4928	217	19	to	to	PART
fueconorg-4928	217	20	be	be	AUX
fueconorg-4928	217	21	accompanied	accompany	VERB
fueconorg-4928	217	22	by	by	ADP
fueconorg-4928	217	23	appropriate	appropriate	ADJ
fueconorg-4928	217	24	regulatory	regulatory	ADJ
fueconorg-4928	217	25	measures	measure	NOUN
fueconorg-4928	217	26	.	.	PUNCT
fueconorg-4928	218	1	theoretical	theoretical	ADJ
fueconorg-4928	218	2	and	and	CCONJ
fueconorg-4928	218	3	empirical	empirical	ADJ
fueconorg-4928	218	4	considerations	consideration	NOUN
fueconorg-4928	218	5	presented	present	VERB
fueconorg-4928	218	6	in	in	ADP
fueconorg-4928	218	7	the	the	DET
fueconorg-4928	218	8	paper	paper	NOUN
fueconorg-4928	218	9	contribute	contribute	NOUN
fueconorg-4928	218	10	to	to	ADP
fueconorg-4928	218	11	the	the	DET
fueconorg-4928	218	12	creation	creation	NOUN
fueconorg-4928	218	13	of	of	ADP
fueconorg-4928	218	14	new	new	ADJ
fueconorg-4928	218	15	knowledge	knowledge	NOUN
fueconorg-4928	218	16	in	in	ADP
fueconorg-4928	218	17	the	the	DET
fueconorg-4928	218	18	field	field	NOUN
fueconorg-4928	218	19	of	of	ADP
fueconorg-4928	218	20	contemporary	contemporary	ADJ
fueconorg-4928	218	21	stock	stock	NOUN
fueconorg-4928	218	22	trading	trading	NOUN
fueconorg-4928	218	23	in	in	ADP
fueconorg-4928	218	24	global	global	ADJ
fueconorg-4928	218	25	financial	financial	ADJ
fueconorg-4928	218	26	markets	market	NOUN
fueconorg-4928	218	27	.	.	PUNCT
fueconorg-4928	219	1	by	by	ADP
fueconorg-4928	219	2	pointing	point	VERB
fueconorg-4928	219	3	out	out	ADP
fueconorg-4928	219	4	the	the	DET
fueconorg-4928	219	5	key	key	ADJ
fueconorg-4928	219	6	characteristics	characteristic	NOUN
fueconorg-4928	219	7	of	of	ADP
fueconorg-4928	219	8	automated	automate	VERB
fueconorg-4928	219	9	trading	trading	NOUN
fueconorg-4928	219	10	systems	system	NOUN
fueconorg-4928	219	11	,	,	PUNCT
fueconorg-4928	219	12	with	with	ADP
fueconorg-4928	219	13	an	an	DET
fueconorg-4928	219	14	overview	overview	NOUN
fueconorg-4928	219	15	of	of	ADP
fueconorg-4928	219	16	the	the	DET
fueconorg-4928	219	17	challenges	challenge	NOUN
fueconorg-4928	219	18	of	of	ADP
fueconorg-4928	219	19	their	their	PRON
fueconorg-4928	219	20	implementation	implementation	NOUN
fueconorg-4928	219	21	in	in	ADP
fueconorg-4928	219	22	practice	practice	NOUN
fueconorg-4928	219	23	,	,	PUNCT
fueconorg-4928	219	24	the	the	DET
fueconorg-4928	219	25	paper	paper	NOUN
fueconorg-4928	219	26	has	have	AUX
fueconorg-4928	219	27	filled	fill	VERB
fueconorg-4928	219	28	the	the	DET
fueconorg-4928	219	29	existing	exist	VERB
fueconorg-4928	219	30	gap	gap	NOUN
fueconorg-4928	219	31	in	in	ADP
fueconorg-4928	219	32	the	the	DET
fueconorg-4928	219	33	research	research	NOUN
fueconorg-4928	219	34	literature	literature	NOUN
fueconorg-4928	219	35	in	in	ADP
fueconorg-4928	219	36	serbia	serbia	PROPN
fueconorg-4928	219	37	.	.	PUNCT
fueconorg-4928	220	1	having	have	VERB
fueconorg-4928	220	2	in	in	ADP
fueconorg-4928	220	3	mind	mind	NOUN
fueconorg-4928	220	4	the	the	DET
fueconorg-4928	220	5	fact	fact	NOUN
fueconorg-4928	220	6	that	that	SCONJ
fueconorg-4928	220	7	the	the	DET
fueconorg-4928	220	8	practical	practical	ADJ
fueconorg-4928	220	9	application	application	NOUN
fueconorg-4928	220	10	of	of	ADP
fueconorg-4928	220	11	these	these	DET
fueconorg-4928	220	12	systems	system	NOUN
fueconorg-4928	220	13	was	be	AUX
fueconorg-4928	220	14	most	most	ADV
fueconorg-4928	220	15	often	often	ADV
fueconorg-4928	220	16	observed	observe	VERB
fueconorg-4928	220	17	for	for	ADP
fueconorg-4928	220	18	the	the	DET
fueconorg-4928	220	19	usa	usa	PROPN
fueconorg-4928	220	20	capital	capital	PROPN
fueconorg-4928	220	21	market	market	NOUN
fueconorg-4928	220	22	,	,	PUNCT
fueconorg-4928	220	23	the	the	DET
fueconorg-4928	220	24	recommendation	recommendation	NOUN
fueconorg-4928	220	25	for	for	ADP
fueconorg-4928	220	26	further	further	ADJ
fueconorg-4928	220	27	research	research	NOUN
fueconorg-4928	220	28	would	would	AUX
fueconorg-4928	220	29	be	be	AUX
fueconorg-4928	220	30	to	to	PART
fueconorg-4928	220	31	include	include	VERB
fueconorg-4928	220	32	the	the	DET
fueconorg-4928	220	33	financial	financial	ADJ
fueconorg-4928	220	34	markets	market	NOUN
fueconorg-4928	220	35	of	of	ADP
fueconorg-4928	220	36	europe	europe	PROPN
fueconorg-4928	220	37	and	and	CCONJ
fueconorg-4928	220	38	asia	asia	PROPN
fueconorg-4928	220	39	into	into	ADP
fueconorg-4928	220	40	analysis	analysis	NOUN
fueconorg-4928	220	41	.	.	PUNCT
fueconorg-4928	221	1	references	reference	NOUN
fueconorg-4928	221	2	akansu	akansu	PROPN
fueconorg-4928	221	3	,	,	PUNCT
fueconorg-4928	221	4	n.a	n.a	PROPN
fueconorg-4928	221	5	.	.	PROPN
fueconorg-4928	222	1	(	(	PUNCT
fueconorg-4928	222	2	2017	2017	NUM
fueconorg-4928	222	3	)	)	PUNCT
fueconorg-4928	222	4	.	.	PUNCT
fueconorg-4928	223	1	the	the	DET
fueconorg-4928	223	2	flash	flash	NOUN
fueconorg-4928	223	3	crash	crash	NOUN
fueconorg-4928	223	4	:	:	PUNCT
fueconorg-4928	223	5	a	a	DET
fueconorg-4928	223	6	review	review	NOUN
fueconorg-4928	223	7	.	.	PUNCT
fueconorg-4928	224	1	journal	journal	PROPN
fueconorg-4928	224	2	of	of	ADP
fueconorg-4928	224	3	capital	capital	NOUN
fueconorg-4928	224	4	markets	market	NOUN
fueconorg-4928	224	5	studies	study	NOUN
fueconorg-4928	224	6	,	,	PUNCT
fueconorg-4928	224	7	1	1	NUM
fueconorg-4928	224	8	(	(	PUNCT
fueconorg-4928	224	9	1	1	NUM
fueconorg-4928	224	10	)	)	PUNCT
fueconorg-4928	224	11	,	,	PUNCT
fueconorg-4928	224	12	89	89	NUM
fueconorg-4928	224	13	-	-	SYM
fueconorg-4928	224	14	100	100	NUM
fueconorg-4928	224	15	.	.	PUNCT
fueconorg-4928	225	1	doi:10.1108	doi:10.1108	PROPN
fueconorg-4928	225	2	/	/	SYM
fueconorg-4928	225	3	jcms-10	jcms-10	PROPN
fueconorg-4928	225	4	-	-	ADJ
fueconorg-4928	225	5	2017	2017	NUM
fueconorg-4928	225	6	-	-	PUNCT
fueconorg-4928	225	7	001	001	NUM
fueconorg-4928	225	8	аldridge	аldridge	NOUN
fueconorg-4928	225	9	,	,	PUNCT
fueconorg-4928	225	10	i.	i.	PROPN
fueconorg-4928	225	11	(	(	PUNCT
fueconorg-4928	225	12	2009	2009	NUM
fueconorg-4928	225	13	)	)	PUNCT
fueconorg-4928	225	14	.	.	PUNCT
fueconorg-4928	226	1	high	high	ADJ
fueconorg-4928	226	2	-	-	PUNCT
fueconorg-4928	226	3	frequency	frequency	NOUN
fueconorg-4928	226	4	trading	trading	NOUN
fueconorg-4928	226	5	:	:	PUNCT
fueconorg-4928	226	6	a	a	DET
fueconorg-4928	226	7	practical	practical	ADJ
fueconorg-4928	226	8	guide	guide	NOUN
fueconorg-4928	226	9	to	to	ADP
fueconorg-4928	226	10	algorithmic	algorithmic	ADJ
fueconorg-4928	226	11	strategies	strategy	NOUN
fueconorg-4928	226	12	and	and	CCONJ
fueconorg-4928	226	13	trading	trading	NOUN
fueconorg-4928	226	14	systems	system	NOUN
fueconorg-4928	226	15	.	.	PUNCT
fueconorg-4928	227	1	hoboken	hoboken	PROPN
fueconorg-4928	227	2	,	,	PUNCT
fueconorg-4928	227	3	new	new	PROPN
fueconorg-4928	227	4	jersey	jersey	PROPN
fueconorg-4928	227	5	:	:	PUNCT
fueconorg-4928	227	6	john	john	PROPN
fueconorg-4928	227	7	wiley	wiley	PROPN
fueconorg-4928	227	8	&	&	CCONJ
fueconorg-4928	227	9	sons	sons	PROPN
fueconorg-4928	227	10	,	,	PUNCT
fueconorg-4928	227	11	inc	inc	PROPN
fueconorg-4928	227	12	.	.	PROPN
fueconorg-4928	227	13	bellia	bellia	PROPN
fueconorg-4928	227	14	,	,	PUNCT
fueconorg-4928	227	15	m.	m.	NOUN
fueconorg-4928	227	16	,	,	PUNCT
fueconorg-4928	227	17	christensen	christensen	PROPN
fueconorg-4928	227	18	,	,	PUNCT
fueconorg-4928	227	19	k.	k.	PROPN
fueconorg-4928	227	20	,	,	PUNCT
fueconorg-4928	227	21	kolokolov	kolokolov	PROPN
fueconorg-4928	227	22	,	,	PUNCT
fueconorg-4928	227	23	a.	a.	NOUN
fueconorg-4928	227	24	,	,	PUNCT
fueconorg-4928	227	25	pelizzon	pelizzon	PROPN
fueconorg-4928	227	26	,	,	PUNCT
fueconorg-4928	227	27	l.	l.	PROPN
fueconorg-4928	227	28	&	&	CCONJ
fueconorg-4928	227	29	renò	renò	PROPN
fueconorg-4928	227	30	,	,	PUNCT
fueconorg-4928	227	31	r.	r.	PROPN
fueconorg-4928	227	32	(	(	PUNCT
fueconorg-4928	227	33	2018	2018	NUM
fueconorg-4928	227	34	)	)	PUNCT
fueconorg-4928	227	35	.	.	PUNCT
fueconorg-4928	228	1	high	high	ADJ
fueconorg-4928	228	2	-	-	PUNCT
fueconorg-4928	228	3	frequency	frequency	NOUN
fueconorg-4928	228	4	trading	trading	NOUN
fueconorg-4928	228	5	during	during	ADP
fueconorg-4928	228	6	flash	flash	NOUN
fueconorg-4928	228	7	crashes	crash	NOUN
fueconorg-4928	228	8	:	:	PUNCT
fueconorg-4928	228	9	walk	walk	NOUN
fueconorg-4928	228	10	of	of	ADP
fueconorg-4928	228	11	fame	fame	NOUN
fueconorg-4928	228	12	or	or	CCONJ
fueconorg-4928	228	13	hall	hall	NOUN
fueconorg-4928	228	14	of	of	ADP
fueconorg-4928	228	15	shame	shame	NOUN
fueconorg-4928	228	16	?	?	PUNCT
fueconorg-4928	229	1	ssrn	ssrn	PROPN
fueconorg-4928	229	2	electronic	electronic	ADJ
fueconorg-4928	229	3	journal	journal	PROPN
fueconorg-4928	229	4	.	.	PUNCT
fueconorg-4928	230	1	doi:10.2139	doi:10.2139	ADJ
fueconorg-4928	230	2	/	/	SYM
fueconorg-4928	231	1	ssrn.3190321	ssrn.3190321	PROPN
fueconorg-4928	231	2	berkman	berkman	NOUN
fueconorg-4928	231	3	,	,	PUNCT
fueconorg-4928	231	4	h.	h.	PROPN
fueconorg-4928	231	5	&	&	CCONJ
fueconorg-4928	231	6	koch	koch	PROPN
fueconorg-4928	231	7	,	,	PUNCT
fueconorg-4928	231	8	p.d	p.d	PROPN
fueconorg-4928	231	9	.	.	PROPN
fueconorg-4928	231	10	(	(	PUNCT
fueconorg-4928	231	11	2008	2008	NUM
fueconorg-4928	231	12	)	)	PUNCT
fueconorg-4928	231	13	.	.	PUNCT
fueconorg-4928	232	1	noise	noise	NOUN
fueconorg-4928	232	2	trading	trading	NOUN
fueconorg-4928	232	3	and	and	CCONJ
fueconorg-4928	232	4	the	the	DET
fueconorg-4928	232	5	price	price	NOUN
fueconorg-4928	232	6	formation	formation	NOUN
fueconorg-4928	232	7	process	process	NOUN
fueconorg-4928	232	8	.	.	PUNCT
fueconorg-4928	233	1	journal	journal	NOUN
fueconorg-4928	233	2	of	of	ADP
fueconorg-4928	233	3	empirical	empirical	ADJ
fueconorg-4928	233	4	finance	finance	NOUN
fueconorg-4928	233	5	,	,	PUNCT
fueconorg-4928	233	6	15	15	NUM
fueconorg-4928	233	7	(	(	PUNCT
fueconorg-4928	233	8	2	2	NUM
fueconorg-4928	233	9	)	)	PUNCT
fueconorg-4928	233	10	,	,	PUNCT
fueconorg-4928	233	11	232–250	232–250	NUM
fueconorg-4928	233	12	.	.	PUNCT
fueconorg-4928	234	1	doi:10.1016	doi:10.1016	PROPN
fueconorg-4928	234	2	/	/	SYM
fueconorg-4928	234	3	j.jempfin.2006.10.005	j.jempfin.2006.10.005	NOUN
fueconorg-4928	234	4	braun	braun	NOUN
fueconorg-4928	234	5	,	,	PUNCT
fueconorg-4928	234	6	t.	t.	PROPN
fueconorg-4928	234	7	,	,	PUNCT
fueconorg-4928	234	8	fiegen	fiegen	PROPN
fueconorg-4928	234	9	,	,	PUNCT
fueconorg-4928	234	10	j.	j.	PROPN
fueconorg-4928	234	11	,	,	PUNCT
fueconorg-4928	234	12	wagner	wagner	PROPN
fueconorg-4928	234	13	,	,	PUNCT
fueconorg-4928	234	14	d.	d.	PROPN
fueconorg-4928	234	15	,	,	PUNCT
fueconorg-4928	234	16	krause	krause	PROPN
fueconorg-4928	234	17	,	,	PUNCT
fueconorg-4928	234	18	s.	s.	PROPN
fueconorg-4928	234	19	&	&	CCONJ
fueconorg-4928	234	20	guhr	guhr	PROPN
fueconorg-4928	234	21	,	,	PUNCT
fueconorg-4928	234	22	t.	t.	PROPN
fueconorg-4928	234	23	(	(	PUNCT
fueconorg-4928	234	24	2018	2018	NUM
fueconorg-4928	234	25	)	)	PUNCT
fueconorg-4928	234	26	.	.	PUNCT
fueconorg-4928	235	1	impact	impact	NOUN
fueconorg-4928	235	2	and	and	CCONJ
fueconorg-4928	235	3	recovery	recovery	NOUN
fueconorg-4928	235	4	process	process	NOUN
fueconorg-4928	235	5	of	of	ADP
fueconorg-4928	235	6	mini	mini	ADJ
fueconorg-4928	235	7	flash	flash	NOUN
fueconorg-4928	235	8	crashes	crash	NOUN
fueconorg-4928	235	9	:	:	PUNCT
fueconorg-4928	235	10	an	an	DET
fueconorg-4928	235	11	empirical	empirical	ADJ
fueconorg-4928	235	12	study	study	NOUN
fueconorg-4928	235	13	.	.	PUNCT
fueconorg-4928	236	1	plos	plos	PROPN
fueconorg-4928	236	2	one	one	NUM
fueconorg-4928	236	3	,	,	PUNCT
fueconorg-4928	236	4	13	13	NUM
fueconorg-4928	236	5	(	(	PUNCT
fueconorg-4928	236	6	5	5	NUM
fueconorg-4928	236	7	)	)	PUNCT
fueconorg-4928	236	8	.	.	PUNCT
fueconorg-4928	237	1	doi:10.1371	doi:10.1371	PROPN
fueconorg-4928	237	2	/	/	SYM
fueconorg-4928	237	3	journal.pone.0196920	journal.pone.0196920	NOUN
fueconorg-4928	237	4	carrion	carrion	NOUN
fueconorg-4928	237	5	,	,	PUNCT
fueconorg-4928	237	6	a.	a.	NOUN
fueconorg-4928	237	7	(	(	PUNCT
fueconorg-4928	237	8	2013	2013	NUM
fueconorg-4928	237	9	)	)	PUNCT
fueconorg-4928	237	10	.	.	PUNCT
fueconorg-4928	238	1	very	very	ADV
fueconorg-4928	238	2	fast	fast	ADJ
fueconorg-4928	238	3	money	money	NOUN
fueconorg-4928	238	4	:	:	PUNCT
fueconorg-4928	238	5	high	high	ADJ
fueconorg-4928	238	6	-	-	PUNCT
fueconorg-4928	238	7	frequency	frequency	NOUN
fueconorg-4928	238	8	trading	trading	NOUN
fueconorg-4928	238	9	on	on	ADP
fueconorg-4928	238	10	the	the	DET
fueconorg-4928	238	11	nasdaq	nasdaq	PROPN
fueconorg-4928	238	12	.	.	PUNCT
fueconorg-4928	239	1	journal	journal	PROPN
fueconorg-4928	239	2	of	of	ADP
fueconorg-4928	239	3	financial	financial	ADJ
fueconorg-4928	239	4	markets	market	NOUN
fueconorg-4928	239	5	,	,	PUNCT
fueconorg-4928	239	6	16	16	NUM
fueconorg-4928	239	7	(	(	PUNCT
fueconorg-4928	239	8	4	4	NUM
fueconorg-4928	239	9	)	)	PUNCT
fueconorg-4928	239	10	,	,	PUNCT
fueconorg-4928	239	11	680–711	680–711	NUM
fueconorg-4928	239	12	.	.	PUNCT
fueconorg-4928	240	1	doi:10.1016	doi:10.1016	PROPN
fueconorg-4928	240	2	/	/	SYM
fueconorg-4928	240	3	j.finmar.2013.06.005	j.finmar.2013.06.005	PROPN
fueconorg-4928	240	4	comerton	comerton	PROPN
fueconorg-4928	240	5	-	-	PUNCT
fueconorg-4928	240	6	forde	forde	PROPN
fueconorg-4928	240	7	,	,	PUNCT
fueconorg-4928	240	8	c.	c.	PROPN
fueconorg-4928	240	9	,	,	PUNCT
fueconorg-4928	240	10	putniņš	putniņš	PROPN
fueconorg-4928	240	11	,	,	PUNCT
fueconorg-4928	240	12	t.j	t.j	PROPN
fueconorg-4928	240	13	.	.	PROPN
fueconorg-4928	240	14	&	&	CCONJ
fueconorg-4928	240	15	tang	tang	PROPN
fueconorg-4928	240	16	,	,	PUNCT
fueconorg-4928	240	17	k.m	k.m	PROPN
fueconorg-4928	240	18	.	.	PROPN
fueconorg-4928	240	19	(	(	PUNCT
fueconorg-4928	240	20	2011	2011	NUM
fueconorg-4928	240	21	)	)	PUNCT
fueconorg-4928	240	22	.	.	PUNCT
fueconorg-4928	241	1	why	why	SCONJ
fueconorg-4928	241	2	do	do	AUX
fueconorg-4928	241	3	traders	trader	NOUN
fueconorg-4928	241	4	choose	choose	VERB
fueconorg-4928	241	5	to	to	PART
fueconorg-4928	241	6	trade	trade	VERB
fueconorg-4928	241	7	anonymously	anonymously	ADV
fueconorg-4928	241	8	?	?	PUNCT
fueconorg-4928	241	9	.	.	PUNCT
fueconorg-4928	242	1	journal	journal	PROPN
fueconorg-4928	242	2	of	of	ADP
fueconorg-4928	242	3	financial	financial	ADJ
fueconorg-4928	242	4	and	and	CCONJ
fueconorg-4928	242	5	quantitative	quantitative	ADJ
fueconorg-4928	242	6	analysis	analysis	NOUN
fueconorg-4928	242	7	,	,	PUNCT
fueconorg-4928	242	8	46	46	NUM
fueconorg-4928	242	9	(	(	PUNCT
fueconorg-4928	242	10	04	04	NUM
fueconorg-4928	242	11	)	)	PUNCT
fueconorg-4928	242	12	,	,	PUNCT
fueconorg-4928	242	13	1025	1025	NUM
fueconorg-4928	242	14	-	-	SYM
fueconorg-4928	242	15	1049	1049	NUM
fueconorg-4928	242	16	.	.	PUNCT
fueconorg-4928	243	1	doi:10.1017	doi:10.1017	NOUN
fueconorg-4928	243	2	/	/	SYM
fueconorg-4928	243	3	s0022109011000214	s0022109011000214	NUM
fueconorg-4928	243	4	das	das	PROPN
fueconorg-4928	243	5	,	,	PUNCT
fueconorg-4928	243	6	s.	s.	PROPN
fueconorg-4928	243	7	&	&	CCONJ
fueconorg-4928	243	8	kadapakkam	kadapakkam	PROPN
fueconorg-4928	243	9	,	,	PUNCT
fueconorg-4928	243	10	p.-r	p.-r	PROPN
fueconorg-4928	243	11	.	.	PUNCT
fueconorg-4928	244	1	(	(	PUNCT
fueconorg-4928	244	2	2018	2018	NUM
fueconorg-4928	244	3	)	)	PUNCT
fueconorg-4928	244	4	.	.	PUNCT
fueconorg-4928	245	1	machine	machine	NOUN
fueconorg-4928	245	2	over	over	ADP
fueconorg-4928	245	3	mind	mind	NOUN
fueconorg-4928	245	4	?	?	PUNCT
fueconorg-4928	246	1	stock	stock	NOUN
fueconorg-4928	246	2	price	price	NOUN
fueconorg-4928	246	3	clustering	clustering	NOUN
fueconorg-4928	246	4	in	in	ADP
fueconorg-4928	246	5	the	the	DET
fueconorg-4928	246	6	era	era	NOUN
fueconorg-4928	246	7	of	of	ADP
fueconorg-4928	246	8	algorithmic	algorithmic	ADJ
fueconorg-4928	246	9	trading	trading	NOUN
fueconorg-4928	246	10	.	.	PUNCT
fueconorg-4928	247	1	the	the	DET
fueconorg-4928	247	2	north	north	ADJ
fueconorg-4928	247	3	american	american	ADJ
fueconorg-4928	247	4	journal	journal	PROPN
fueconorg-4928	247	5	of	of	ADP
fueconorg-4928	247	6	economics	economic	NOUN
fueconorg-4928	247	7	and	and	CCONJ
fueconorg-4928	247	8	finance	finance	NOUN
fueconorg-4928	247	9	.	.	PUNCT
fueconorg-4928	248	1	doi:10.1016	doi:10.1016	PROPN
fueconorg-4928	248	2	/	/	SYM
fueconorg-4928	248	3	j.najef.2018.08.014	j.najef.2018.08.014	PROPN
fueconorg-4928	248	4	dugalić	dugalić	PROPN
fueconorg-4928	248	5	,	,	PUNCT
fueconorg-4928	248	6	v.	v.	PROPN
fueconorg-4928	248	7	&	&	CCONJ
fueconorg-4928	248	8	štimac	štimac	NOUN
fueconorg-4928	248	9	,	,	PUNCT
fueconorg-4928	248	10	m.	m.	NOUN
fueconorg-4928	248	11	(	(	PUNCT
fueconorg-4928	248	12	2011	2011	NUM
fueconorg-4928	248	13	)	)	PUNCT
fueconorg-4928	248	14	.	.	PUNCT
fueconorg-4928	249	1	osnove	osnove	PROPN
fueconorg-4928	249	2	berzanskog	berzanskog	VERB
fueconorg-4928	249	3	poslovanja	poslovanja	NOUN
fueconorg-4928	249	4	[	[	NOUN
fueconorg-4928	249	5	fundamentals	fundamental	NOUN
fueconorg-4928	249	6	of	of	ADP
fueconorg-4928	249	7	stock	stock	NOUN
fueconorg-4928	249	8	exchange	exchange	NOUN
fueconorg-4928	249	9	operations	operation	NOUN
fueconorg-4928	249	10	]	]	PUNCT
fueconorg-4928	249	11	.	.	PUNCT
fueconorg-4928	250	1	beograd	beograd	PROPN
fueconorg-4928	250	2	:	:	PUNCT
fueconorg-4928	250	3	stubovi	stubovi	PROPN
fueconorg-4928	250	4	culture	culture	NOUN
fueconorg-4928	250	5	.	.	PUNCT
fueconorg-4928	251	1	dubey	dubey	PROPN
fueconorg-4928	251	2	,	,	PUNCT
fueconorg-4928	251	3	r.	r.	PROPN
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fueconorg-4928	251	5	,	,	PUNCT
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fueconorg-4928	251	7	,	,	PUNCT
fueconorg-4928	251	8	y.	y.	PROPN
fueconorg-4928	251	9	&	&	CCONJ
fueconorg-4928	251	10	syamala	syamala	PROPN
fueconorg-4928	251	11	,	,	PUNCT
fueconorg-4928	251	12	s.	s.	PROPN
fueconorg-4928	251	13	r.	r.	PROPN
fueconorg-4928	251	14	(	(	PUNCT
fueconorg-4928	251	15	2017	2017	NUM
fueconorg-4928	251	16	)	)	PUNCT
fueconorg-4928	251	17	.	.	PUNCT
fueconorg-4928	252	1	evidence	evidence	NOUN
fueconorg-4928	252	2	of	of	ADP
fueconorg-4928	252	3	algorithmic	algorithmic	ADJ
fueconorg-4928	252	4	trading	trading	NOUN
fueconorg-4928	252	5	from	from	ADP
fueconorg-4928	252	6	indian	indian	ADJ
fueconorg-4928	252	7	equity	equity	NOUN
fueconorg-4928	252	8	market	market	NOUN
fueconorg-4928	252	9	:	:	PUNCT
fueconorg-4928	252	10	interpreting	interpret	VERB
fueconorg-4928	252	11	the	the	DET
fueconorg-4928	252	12	transaction	transaction	NOUN
fueconorg-4928	252	13	velocity	velocity	NOUN
fueconorg-4928	252	14	element	element	NOUN
fueconorg-4928	252	15	of	of	ADP
fueconorg-4928	252	16	financialization	financialization	NOUN
fueconorg-4928	252	17	.	.	PUNCT
fueconorg-4928	253	1	research	research	NOUN
fueconorg-4928	253	2	in	in	ADP
fueconorg-4928	253	3	international	international	ADJ
fueconorg-4928	253	4	business	business	NOUN
fueconorg-4928	253	5	and	and	CCONJ
fueconorg-4928	253	6	finance	finance	NOUN
fueconorg-4928	253	7	,	,	PUNCT
fueconorg-4928	253	8	42	42	NUM
fueconorg-4928	253	9	,	,	PUNCT
fueconorg-4928	253	10	31–38	31–38	NUM
fueconorg-4928	253	11	.	.	PUNCT
fueconorg-4928	253	12	doi:10.1016	doi:10.1016	PROPN
fueconorg-4928	253	13	/	/	SYM
fueconorg-4928	253	14	j.ribaf.2017.05.014	j.ribaf.2017.05.014	PROPN
fueconorg-4928	253	15	fong	fong	PROPN
fueconorg-4928	253	16	,	,	PUNCT
fueconorg-4928	253	17	s.	s.	PROPN
fueconorg-4928	253	18	,	,	PUNCT
fueconorg-4928	253	19	si	si	PROPN
fueconorg-4928	253	20	,	,	PUNCT
fueconorg-4928	253	21	y.-w	y.-w	PROPN
fueconorg-4928	253	22	.	.	PROPN
fueconorg-4928	253	23	&	&	CCONJ
fueconorg-4928	253	24	tai	tai	PROPN
fueconorg-4928	253	25	,	,	PUNCT
fueconorg-4928	253	26	j.	j.	PROPN
fueconorg-4928	253	27	(	(	PUNCT
fueconorg-4928	253	28	2012	2012	NUM
fueconorg-4928	253	29	)	)	PUNCT
fueconorg-4928	253	30	.	.	PUNCT
fueconorg-4928	254	1	trend	trend	NOUN
fueconorg-4928	254	2	following	follow	VERB
fueconorg-4928	254	3	algorithms	algorithm	NOUN
fueconorg-4928	254	4	in	in	ADP
fueconorg-4928	254	5	automated	automate	VERB
fueconorg-4928	254	6	derivatives	derivative	NOUN
fueconorg-4928	254	7	market	market	NOUN
fueconorg-4928	254	8	trading	trading	NOUN
fueconorg-4928	254	9	.	.	PUNCT
fueconorg-4928	255	1	expert	expert	NOUN
fueconorg-4928	255	2	systems	system	NOUN
fueconorg-4928	255	3	with	with	ADP
fueconorg-4928	255	4	applications	application	NOUN
fueconorg-4928	255	5	,	,	PUNCT
fueconorg-4928	255	6	39	39	NUM
fueconorg-4928	255	7	(	(	PUNCT
fueconorg-4928	255	8	13	13	NUM
fueconorg-4928	255	9	)	)	PUNCT
fueconorg-4928	255	10	,	,	PUNCT
fueconorg-4928	255	11	11378–11390	11378–11390	NUM
fueconorg-4928	255	12	.	.	PUNCT
fueconorg-4928	255	13	doi:10.1016	doi:10.1016	PROPN
fueconorg-4928	255	14	/	/	SYM
fueconorg-4928	255	15	j.eswa.2012.03.048	j.eswa.2012.03.048	PROPN
fueconorg-4928	255	16	the	the	DET
fueconorg-4928	255	17	impact	impact	NOUN
fueconorg-4928	255	18	of	of	ADP
fueconorg-4928	255	19	automated	automate	VERB
fueconorg-4928	255	20	trading	trading	NOUN
fueconorg-4928	255	21	systems	system	NOUN
fueconorg-4928	255	22	on	on	ADP
fueconorg-4928	255	23	financial	financial	ADJ
fueconorg-4928	255	24	market	market	NOUN
fueconorg-4928	255	25	stability	stability	NOUN
fueconorg-4928	255	26	267	267	NUM
fueconorg-4928	255	27	frino	frino	NOUN
fueconorg-4928	255	28	,	,	PUNCT
fueconorg-4928	255	29	a.	a.	NOUN
fueconorg-4928	255	30	,	,	PUNCT
fueconorg-4928	255	31	prodromou	prodromou	NOUN
fueconorg-4928	255	32	,	,	PUNCT
fueconorg-4928	255	33	t.	t.	PROPN
fueconorg-4928	255	34	,	,	PUNCT
fueconorg-4928	255	35	wang	wang	PROPN
fueconorg-4928	255	36	,	,	PUNCT
fueconorg-4928	255	37	g.h.k	g.h.k	PROPN
fueconorg-4928	255	38	.	.	PROPN
fueconorg-4928	255	39	,	,	PUNCT
fueconorg-4928	255	40	westerholm	westerholm	PROPN
fueconorg-4928	255	41	,	,	PUNCT
fueconorg-4928	255	42	p.j	p.j	PROPN
fueconorg-4928	255	43	.	.	PROPN
fueconorg-4928	255	44	&	&	CCONJ
fueconorg-4928	255	45	zheng	zheng	PROPN
fueconorg-4928	255	46	,	,	PUNCT
fueconorg-4928	255	47	h.	h.	PROPN
fueconorg-4928	255	48	(	(	PUNCT
fueconorg-4928	255	49	2017	2017	NUM
fueconorg-4928	255	50	)	)	PUNCT
fueconorg-4928	255	51	.	.	PUNCT
fueconorg-4928	256	1	an	an	DET
fueconorg-4928	256	2	empirical	empirical	ADJ
fueconorg-4928	256	3	analysis	analysis	NOUN
fueconorg-4928	256	4	of	of	ADP
fueconorg-4928	256	5	algorithmic	algorithmic	ADJ
fueconorg-4928	256	6	trading	trading	NOUN
fueconorg-4928	256	7	around	around	ADP
fueconorg-4928	256	8	earnings	earning	NOUN
fueconorg-4928	256	9	announcements	announcement	NOUN
fueconorg-4928	256	10	.	.	PUNCT
fueconorg-4928	257	1	pacific	pacific	ADJ
fueconorg-4928	257	2	-	-	PUNCT
fueconorg-4928	257	3	basin	basin	NOUN
fueconorg-4928	257	4	finance	finance	NOUN
fueconorg-4928	257	5	journal	journal	NOUN
fueconorg-4928	257	6	,	,	PUNCT
fueconorg-4928	257	7	45	45	NUM
fueconorg-4928	257	8	,	,	PUNCT
fueconorg-4928	257	9	34–51	34–51	NUM
fueconorg-4928	257	10	.	.	PUNCT
fueconorg-4928	257	11	doi:10.1016	doi:10.1016	PROPN
fueconorg-4928	257	12	/	/	SYM
fueconorg-4928	257	13	j.pacfin.2016.05.008	j.pacfin.2016.05.008	PROPN
fueconorg-4928	257	14	gregoriou	gregoriou	PROPN
fueconorg-4928	257	15	,	,	PUNCT
fueconorg-4928	257	16	g.n	g.n	PROPN
fueconorg-4928	257	17	.	.	PROPN
fueconorg-4928	257	18	(	(	PUNCT
fueconorg-4928	257	19	2015	2015	NUM
fueconorg-4928	257	20	)	)	PUNCT
fueconorg-4928	257	21	.	.	PUNCT
fueconorg-4928	258	1	the	the	DET
fueconorg-4928	258	2	handbook	handbook	NOUN
fueconorg-4928	258	3	of	of	ADP
fueconorg-4928	258	4	high	high	ADJ
fueconorg-4928	258	5	frequency	frequency	NOUN
fueconorg-4928	258	6	trading	trading	NOUN
fueconorg-4928	258	7	.	.	PUNCT
fueconorg-4928	259	1	nederlands	nederlands	PROPN
fueconorg-4928	259	2	,	,	PUNCT
fueconorg-4928	259	3	amsterdam	amsterdam	PROPN
fueconorg-4928	259	4	:	:	PUNCT
fueconorg-4928	259	5	academic	academic	ADJ
fueconorg-4928	259	6	press	press	NOUN
fueconorg-4928	259	7	/	/	SYM
fueconorg-4928	259	8	elsevier	elsevier	PROPN
fueconorg-4928	259	9	ilić	ilić	PROPN
fueconorg-4928	259	10	,	,	PUNCT
fueconorg-4928	259	11	v.	v.	PROPN
fueconorg-4928	259	12	(	(	PUNCT
fueconorg-4928	259	13	2010a	2010a	NUM
fueconorg-4928	259	14	)	)	PUNCT
fueconorg-4928	259	15	.	.	PUNCT
fueconorg-4928	260	1	metode	metode	PROPN
fueconorg-4928	260	2	za	za	PROPN
fueconorg-4928	260	3	analizu	analizu	PROPN
fueconorg-4928	260	4	finansijskih	finansijskih	AUX
fueconorg-4928	260	5	podataka	podataka	PROPN
fueconorg-4928	260	6	i	i	PRON
fueconorg-4928	260	7	razvoj	razvoj	VERB
fueconorg-4928	260	8	algoritamskih	algoritamskih	AUX
fueconorg-4928	260	9	strategija	strategija	VERB
fueconorg-4928	260	10	za	za	PROPN
fueconorg-4928	260	11	automatsko	automatsko	ADV
fueconorg-4928	260	12	trgovanje	trgovanje	VERB
fueconorg-4928	261	1	[	[	X
fueconorg-4928	261	2	methods	method	NOUN
fueconorg-4928	261	3	for	for	ADP
fueconorg-4928	261	4	analyzing	analyze	VERB
fueconorg-4928	261	5	financial	financial	ADJ
fueconorg-4928	261	6	data	datum	NOUN
fueconorg-4928	261	7	and	and	CCONJ
fueconorg-4928	261	8	development	development	NOUN
fueconorg-4928	261	9	of	of	ADP
fueconorg-4928	261	10	algorithmic	algorithmic	ADJ
fueconorg-4928	261	11	strategies	strategy	NOUN
fueconorg-4928	261	12	for	for	ADP
fueconorg-4928	261	13	automated	automate	VERB
fueconorg-4928	261	14	trading	trading	NOUN
fueconorg-4928	261	15	]	]	PUNCT
fueconorg-4928	261	16	.	.	PUNCT
fueconorg-4928	262	1	info	info	PROPN
fueconorg-4928	262	2	m	m	PROPN
fueconorg-4928	262	3	,	,	PUNCT
fueconorg-4928	262	4	34	34	NUM
fueconorg-4928	262	5	(	(	PUNCT
fueconorg-4928	262	6	9	9	NUM
fueconorg-4928	262	7	)	)	PUNCT
fueconorg-4928	262	8	,	,	PUNCT
fueconorg-4928	262	9	30	30	NUM
fueconorg-4928	262	10	-	-	SYM
fueconorg-4928	262	11	34	34	NUM
fueconorg-4928	262	12	.	.	PUNCT
fueconorg-4928	263	1	ilić	ilić	ADJ
fueconorg-4928	263	2	,	,	PUNCT
fueconorg-4928	263	3	v.	v.	PROPN
fueconorg-4928	263	4	(	(	PUNCT
fueconorg-4928	263	5	2010b	2010b	NUM
fueconorg-4928	263	6	)	)	PUNCT
fueconorg-4928	263	7	.	.	PUNCT
fueconorg-4928	264	1	the	the	DET
fueconorg-4928	264	2	structure	structure	NOUN
fueconorg-4928	264	3	of	of	ADP
fueconorg-4928	264	4	software	software	NOUN
fueconorg-4928	264	5	for	for	ADP
fueconorg-4928	264	6	automated	automate	VERB
fueconorg-4928	264	7	trading	trading	NOUN
fueconorg-4928	264	8	on	on	ADP
fueconorg-4928	264	9	foreign	foreign	ADJ
fueconorg-4928	264	10	exchange	exchange	NOUN
fueconorg-4928	264	11	market	market	NOUN
fueconorg-4928	264	12	.	.	PUNCT
fueconorg-4928	265	1	retrieved	retrieve	VERB
fueconorg-4928	265	2	from	from	ADP
fueconorg-4928	265	3	:	:	PUNCT
fueconorg-4928	265	4	https://www.researchgate.net/publication/215530920_the_structure_of_software_for_automated_trading	https://www.researchgate.net/publication/215530920_the_structure_of_software_for_automated_trade	VERB
fueconorg-4928	265	5	_	_	NOUN
fueconorg-4928	265	6	on_foreign_exchange_market	on_foreign_exchange_market	NOUN
fueconorg-4928	265	7	/	/	SYM
fueconorg-4928	265	8	download	download	NOUN
fueconorg-4928	265	9	accessed	access	VERB
fueconorg-4928	265	10	on	on	ADP
fueconorg-4928	265	11	:	:	PUNCT
fueconorg-4928	265	12	15th	15th	ADJ
fueconorg-4928	265	13	december	december	PROPN
fueconorg-4928	265	14	2018	2018	NUM
fueconorg-4928	265	15	.	.	PUNCT
fueconorg-4928	266	1	ilić	ilić	ADJ
fueconorg-4928	266	2	,	,	PUNCT
fueconorg-4928	266	3	v.	v.	PROPN
fueconorg-4928	266	4	&	&	CCONJ
fueconorg-4928	266	5	brtka	brtka	PROPN
fueconorg-4928	266	6	,	,	PUNCT
fueconorg-4928	266	7	v.	v.	PROPN
fueconorg-4928	266	8	(	(	PUNCT
fueconorg-4928	266	9	2011	2011	NUM
fueconorg-4928	266	10	)	)	PUNCT
fueconorg-4928	266	11	.	.	PUNCT
fueconorg-4928	267	1	evaluation	evaluation	NOUN
fueconorg-4928	267	2	of	of	ADP
fueconorg-4928	267	3	algorithmic	algorithmic	ADJ
fueconorg-4928	267	4	strategies	strategy	NOUN
fueconorg-4928	267	5	for	for	ADP
fueconorg-4928	267	6	trading	trading	NOUN
fueconorg-4928	267	7	on	on	ADP
fueconorg-4928	267	8	foreign	foreign	ADJ
fueconorg-4928	267	9	exchange	exchange	NOUN
fueconorg-4928	267	10	market	market	NOUN
fueconorg-4928	267	11	.	.	PUNCT
fueconorg-4928	268	1	retrieved	retrieve	VERB
fueconorg-4928	268	2	from	from	ADP
fueconorg-4928	268	3	:	:	PUNCT
fueconorg-4928	268	4	https://www.researchgate.net/publication/299287406_evaluation_of_algorithmic	https://www.researchgate.net/publication/299287406_evaluation_of_algorithmic	ADJ
fueconorg-4928	268	5	_	_	PROPN
fueconorg-4928	268	6	strategies_for_trading_on_foreign_exchange_market	strategies_for_trading_on_foreign_exchange_market	NOUN
fueconorg-4928	268	7	/	/	SYM
fueconorg-4928	268	8	download	download	NOUN
fueconorg-4928	268	9	accessed	access	VERB
fueconorg-4928	268	10	on	on	ADP
fueconorg-4928	268	11	:	:	PUNCT
fueconorg-4928	268	12	15th	15th	ADJ
fueconorg-4928	268	13	december	december	PROPN
fueconorg-4928	268	14	2018	2018	NUM
fueconorg-4928	268	15	.	.	PUNCT
fueconorg-4928	269	1	jakšić	jakšić	NOUN
fueconorg-4928	269	2	,	,	PUNCT
fueconorg-4928	269	3	m.	m.	NOUN
fueconorg-4928	269	4	(	(	PUNCT
fueconorg-4928	269	5	2016	2016	NUM
fueconorg-4928	269	6	)	)	PUNCT
fueconorg-4928	269	7	.	.	PUNCT
fueconorg-4928	270	1	finansijsko	finansijsko	ADV
fueconorg-4928	270	2	tržište	tržište	X
fueconorg-4928	270	3	–	–	PUNCT
fueconorg-4928	270	4	instrumenti	instrumenti	PUNCT
fueconorg-4928	270	5	i	i	NOUN
fueconorg-4928	270	6	institucije	institucije	VERB
fueconorg-4928	270	7	[	[	X
fueconorg-4928	270	8	financial	financial	ADJ
fueconorg-4928	270	9	market	market	NOUN
fueconorg-4928	270	10	instruments	instrument	NOUN
fueconorg-4928	270	11	and	and	CCONJ
fueconorg-4928	270	12	institutions	institution	NOUN
fueconorg-4928	270	13	]	]	PUNCT
fueconorg-4928	270	14	.	.	PUNCT
fueconorg-4928	271	1	kragujevac	kragujevac	PROPN
fueconorg-4928	271	2	:	:	PUNCT
fueconorg-4928	271	3	ekonomski	ekonomski	PROPN
fueconorg-4928	271	4	fakultet	fakultet	NOUN
fueconorg-4928	272	1	univerziteta	univerziteta	PROPN
fueconorg-4928	272	2	u	u	PROPN
fueconorg-4928	272	3	kragujevcu	kragujevcu	VERB
fueconorg-4928	272	4	.	.	PUNCT
fueconorg-4928	273	1	jones	jones	PROPN
fueconorg-4928	273	2	,	,	PUNCT
fueconorg-4928	273	3	c.m	c.m	PROPN
fueconorg-4928	273	4	.	.	PROPN
fueconorg-4928	273	5	(	(	PUNCT
fueconorg-4928	273	6	2013	2013	NUM
fueconorg-4928	273	7	)	)	PUNCT
fueconorg-4928	273	8	.	.	PUNCT
fueconorg-4928	274	1	what	what	PRON
fueconorg-4928	274	2	do	do	AUX
fueconorg-4928	274	3	we	we	PRON
fueconorg-4928	274	4	know	know	VERB
fueconorg-4928	274	5	about	about	ADP
fueconorg-4928	274	6	high	high	ADJ
fueconorg-4928	274	7	-	-	PUNCT
fueconorg-4928	274	8	frequency	frequency	NOUN
fueconorg-4928	274	9	trading	trading	NOUN
fueconorg-4928	274	10	?	?	PUNCT
fueconorg-4928	274	11	.	.	PUNCT
fueconorg-4928	275	1	ssrn	ssrn	PROPN
fueconorg-4928	275	2	electronic	electronic	ADJ
fueconorg-4928	275	3	journal	journal	PROPN
fueconorg-4928	275	4	.	.	PUNCT
fueconorg-4928	276	1	doi:10.2139	doi:10.2139	ADJ
fueconorg-4928	276	2	/	/	PUNCT
fueconorg-4928	277	1	ssrn.2236201	ssrn.2236201	NUM
fueconorg-4928	277	2	jovanovic	jovanovic	PROPN
fueconorg-4928	277	3	,	,	PUNCT
fueconorg-4928	277	4	b.	b.	PROPN
fueconorg-4928	277	5	&	&	CCONJ
fueconorg-4928	277	6	menkveld	menkveld	PROPN
fueconorg-4928	277	7	,	,	PUNCT
fueconorg-4928	277	8	a.j	a.j	PROPN
fueconorg-4928	277	9	.	.	PROPN
fueconorg-4928	277	10	(	(	PUNCT
fueconorg-4928	277	11	2016	2016	NUM
fueconorg-4928	277	12	)	)	PUNCT
fueconorg-4928	277	13	.	.	PUNCT
fueconorg-4928	278	1	middlemen	middleman	NOUN
fueconorg-4928	278	2	in	in	ADP
fueconorg-4928	278	3	limit	limit	NOUN
fueconorg-4928	278	4	-	-	PUNCT
fueconorg-4928	278	5	order	order	NOUN
fueconorg-4928	278	6	markets	market	NOUN
fueconorg-4928	278	7	.	.	PUNCT
fueconorg-4928	279	1	ssrn	ssrn	PROPN
fueconorg-4928	279	2	electronic	electronic	ADJ
fueconorg-4928	279	3	journal	journal	NOUN
fueconorg-4928	279	4	.	.	PUNCT
fueconorg-4928	280	1	doi	doi	NOUN
fueconorg-4928	280	2	:	:	PUNCT
fueconorg-4928	280	3	10.2139	10.2139	NUM
fueconorg-4928	280	4	/	/	SYM
fueconorg-4928	280	5	ssrn.1624329	ssrn.1624329	PROPN
fueconorg-4928	280	6	kanzaki	kanzaki	NOUN
fueconorg-4928	280	7	,	,	PUNCT
fueconorg-4928	280	8	k.	k.	PROPN
fueconorg-4928	280	9	(	(	PUNCT
fueconorg-4928	280	10	1981	1981	NUM
fueconorg-4928	280	11	)	)	PUNCT
fueconorg-4928	280	12	immobilization	immobilization	NOUN
fueconorg-4928	280	13	of	of	ADP
fueconorg-4928	280	14	stock	stock	NOUN
fueconorg-4928	280	15	certificates	certificate	NOUN
fueconorg-4928	280	16	:	:	PUNCT
fueconorg-4928	280	17	the	the	DET
fueconorg-4928	280	18	position	position	NOUN
fueconorg-4928	280	19	of	of	ADP
fueconorg-4928	280	20	the	the	DET
fueconorg-4928	280	21	beneficial	beneficial	ADJ
fueconorg-4928	280	22	shareholder	shareholder	NOUN
fueconorg-4928	280	23	.	.	PUNCT
fueconorg-4928	281	1	journal	journal	PROPN
fueconorg-4928	281	2	of	of	ADP
fueconorg-4928	281	3	comparative	comparative	ADJ
fueconorg-4928	281	4	corporate	corporate	ADJ
fueconorg-4928	281	5	law	law	NOUN
fueconorg-4928	281	6	and	and	CCONJ
fueconorg-4928	281	7	securities	security	NOUN
fueconorg-4928	281	8	regulation	regulation	NOUN
fueconorg-4928	281	9	,	,	PUNCT
fueconorg-4928	281	10	3	3	NUM
fueconorg-4928	281	11	,	,	PUNCT
fueconorg-4928	281	12	115	115	NUM
fueconorg-4928	281	13	-	-	SYM
fueconorg-4928	281	14	127	127	NUM
fueconorg-4928	281	15	.	.	PUNCT
fueconorg-4928	282	1	kaya	kaya	PROPN
fueconorg-4928	282	2	,	,	PUNCT
fueconorg-4928	282	3	o.	o.	PROPN
fueconorg-4928	282	4	(	(	PUNCT
fueconorg-4928	282	5	2016	2016	NUM
fueconorg-4928	282	6	)	)	PUNCT
fueconorg-4928	282	7	.	.	PUNCT
fueconorg-4928	283	1	high	high	ADJ
fueconorg-4928	283	2	-	-	PUNCT
fueconorg-4928	283	3	frequency	frequency	NOUN
fueconorg-4928	283	4	trading	trading	NOUN
fueconorg-4928	283	5	:	:	PUNCT
fueconorg-4928	283	6	reaching	reach	VERB
fueconorg-4928	283	7	the	the	DET
fueconorg-4928	283	8	limits	limit	NOUN
fueconorg-4928	283	9	.	.	PUNCT
fueconorg-4928	284	1	research	research	NOUN
fueconorg-4928	284	2	briefing	brief	VERB
fueconorg-4928	284	3	global	global	ADJ
fueconorg-4928	284	4	financial	financial	ADJ
fueconorg-4928	284	5	markets	market	NOUN
fueconorg-4928	284	6	.	.	PUNCT
fueconorg-4928	285	1	frankfurt	frankfurt	PROPN
fueconorg-4928	285	2	,	,	PUNCT
fueconorg-4928	285	3	germany	germany	PROPN
fueconorg-4928	285	4	:	:	PUNCT
fueconorg-4928	285	5	deutsche	deutsche	PROPN
fueconorg-4928	285	6	bank	bank	PROPN
fueconorg-4928	285	7	research	research	PROPN
fueconorg-4928	285	8	kearns	kearn	NOUN
fueconorg-4928	285	9	,	,	PUNCT
fueconorg-4928	285	10	m.	m.	NOUN
fueconorg-4928	285	11	,	,	PUNCT
fueconorg-4928	285	12	kulesza	kulesza	PROPN
fueconorg-4928	285	13	,	,	PUNCT
fueconorg-4928	285	14	a.	a.	PROPN
fueconorg-4928	285	15	&	&	CCONJ
fueconorg-4928	285	16	nevmyvaka	nevmyvaka	PROPN
fueconorg-4928	285	17	,	,	PUNCT
fueconorg-4928	285	18	y.	y.	PROPN
fueconorg-4928	285	19	(	(	PUNCT
fueconorg-4928	285	20	2010	2010	NUM
fueconorg-4928	285	21	)	)	PUNCT
fueconorg-4928	285	22	.	.	PUNCT
fueconorg-4928	286	1	empirical	empirical	ADJ
fueconorg-4928	286	2	limitations	limitation	NOUN
fueconorg-4928	286	3	on	on	ADP
fueconorg-4928	286	4	high	high	ADJ
fueconorg-4928	286	5	frequency	frequency	NOUN
fueconorg-4928	286	6	trading	trading	NOUN
fueconorg-4928	286	7	profitability	profitability	NOUN
fueconorg-4928	286	8	.	.	PUNCT
fueconorg-4928	287	1	the	the	DET
fueconorg-4928	287	2	journal	journal	NOUN
fueconorg-4928	287	3	of	of	ADP
fueconorg-4928	287	4	trading	trading	NOUN
fueconorg-4928	287	5	fall	fall	NOUN
fueconorg-4928	287	6	,	,	PUNCT
fueconorg-4928	287	7	5	5	NUM
fueconorg-4928	287	8	(	(	PUNCT
fueconorg-4928	287	9	4	4	NUM
fueconorg-4928	287	10	)	)	PUNCT
fueconorg-4928	287	11	,	,	PUNCT
fueconorg-4928	287	12	50	50	NUM
fueconorg-4928	287	13	-	-	SYM
fueconorg-4928	287	14	62	62	NUM
fueconorg-4928	287	15	.	.	PUNCT
fueconorg-4928	288	1	doi	doi	NOUN
fueconorg-4928	288	2	:	:	PUNCT
fueconorg-4928	288	3	10.3905	10.3905	NUM
fueconorg-4928	288	4	/	/	SYM
fueconorg-4928	288	5	jot.2010.5.4.050	jot.2010.5.4.050	PROPN
fueconorg-4928	288	6	kirilenko	kirilenko	PROPN
fueconorg-4928	288	7	,	,	PUNCT
fueconorg-4928	288	8	a.a	a.a	PROPN
fueconorg-4928	288	9	.	.	PROPN
fueconorg-4928	288	10	,	,	PUNCT
fueconorg-4928	288	11	kyle	kyle	PROPN
fueconorg-4928	288	12	,	,	PUNCT
fueconorg-4928	288	13	a.s	a.s	PROPN
fueconorg-4928	288	14	.	.	PROPN
fueconorg-4928	288	15	,	,	PUNCT
fueconorg-4928	288	16	samadi	samadi	NOUN
fueconorg-4928	288	17	,	,	PUNCT
fueconorg-4928	288	18	m.	m.	NOUN
fueconorg-4928	288	19	&	&	CCONJ
fueconorg-4928	288	20	tuzun	tuzun	NOUN
fueconorg-4928	288	21	,	,	PUNCT
fueconorg-4928	288	22	t.	t.	PROPN
fueconorg-4928	288	23	(	(	PUNCT
fueconorg-4928	288	24	2011	2011	NUM
fueconorg-4928	288	25	)	)	PUNCT
fueconorg-4928	288	26	.	.	PUNCT
fueconorg-4928	289	1	the	the	DET
fueconorg-4928	289	2	flash	flash	NOUN
fueconorg-4928	289	3	crash	crash	NOUN
fueconorg-4928	289	4	:	:	PUNCT
fueconorg-4928	289	5	the	the	DET
fueconorg-4928	289	6	impact	impact	NOUN
fueconorg-4928	289	7	of	of	ADP
fueconorg-4928	289	8	high	high	ADJ
fueconorg-4928	289	9	frequency	frequency	NOUN
fueconorg-4928	289	10	trading	trading	NOUN
fueconorg-4928	289	11	on	on	ADP
fueconorg-4928	289	12	an	an	DET
fueconorg-4928	289	13	electronic	electronic	ADJ
fueconorg-4928	289	14	market	market	NOUN
fueconorg-4928	289	15	.	.	PUNCT
fueconorg-4928	290	1	ssrn	ssrn	PROPN
fueconorg-4928	290	2	electronic	electronic	ADJ
fueconorg-4928	290	3	journal	journal	PROPN
fueconorg-4928	290	4	.	.	PUNCT
fueconorg-4928	291	1	doi:10.2139	doi:10.2139	ADJ
fueconorg-4928	291	2	/	/	SYM
fueconorg-4928	291	3	ssrn.1686004	ssrn.1686004	PROPN
fueconorg-4928	291	4	kirilenko	kirilenko	PROPN
fueconorg-4928	291	5	,	,	PUNCT
fueconorg-4928	291	6	a.a	a.a	PROPN
fueconorg-4928	291	7	.	.	PROPN
fueconorg-4928	291	8	,	,	PUNCT
fueconorg-4928	291	9	&	&	CCONJ
fueconorg-4928	291	10	lo	lo	PROPN
fueconorg-4928	291	11	,	,	PUNCT
fueconorg-4928	291	12	a.w	a.w	PROPN
fueconorg-4928	291	13	.	.	PROPN
fueconorg-4928	291	14	(	(	PUNCT
fueconorg-4928	291	15	2013	2013	NUM
fueconorg-4928	291	16	)	)	PUNCT
fueconorg-4928	291	17	.	.	PUNCT
fueconorg-4928	292	1	moore	moore	PROPN
fueconorg-4928	292	2	’s	’s	PART
fueconorg-4928	292	3	law	law	PROPN
fueconorg-4928	292	4	versus	versus	ADP
fueconorg-4928	292	5	murphy	murphy	PROPN
fueconorg-4928	292	6	’s	’s	PART
fueconorg-4928	292	7	law	law	NOUN
fueconorg-4928	292	8	:	:	PUNCT
fueconorg-4928	292	9	algorithmic	algorithmic	ADJ
fueconorg-4928	292	10	trading	trading	NOUN
fueconorg-4928	292	11	and	and	CCONJ
fueconorg-4928	292	12	its	its	PRON
fueconorg-4928	292	13	discontents	discontent	NOUN
fueconorg-4928	292	14	.	.	PUNCT
fueconorg-4928	293	1	journal	journal	NOUN
fueconorg-4928	293	2	of	of	ADP
fueconorg-4928	293	3	economic	economic	ADJ
fueconorg-4928	293	4	perspectives	perspective	NOUN
fueconorg-4928	293	5	,	,	PUNCT
fueconorg-4928	293	6	27	27	NUM
fueconorg-4928	293	7	(	(	PUNCT
fueconorg-4928	293	8	2	2	NUM
fueconorg-4928	293	9	)	)	PUNCT
fueconorg-4928	293	10	,	,	PUNCT
fueconorg-4928	293	11	51–72	51–72	NUM
fueconorg-4928	293	12	.	.	PUNCT
fueconorg-4928	293	13	doi:10.1257	doi:10.1257	PROPN
fueconorg-4928	293	14	/	/	SYM
fueconorg-4928	293	15	jep.27.2.51	jep.27.2.51	PROPN
fueconorg-4928	293	16	kissell	kissell	PROPN
fueconorg-4928	293	17	,	,	PUNCT
fueconorg-4928	293	18	r.	r.	PROPN
fueconorg-4928	293	19	(	(	PUNCT
fueconorg-4928	293	20	2014	2014	NUM
fueconorg-4928	293	21	)	)	PUNCT
fueconorg-4928	293	22	.	.	PUNCT
fueconorg-4928	294	1	the	the	DET
fueconorg-4928	294	2	science	science	NOUN
fueconorg-4928	294	3	of	of	ADP
fueconorg-4928	294	4	algorithmic	algorithmic	ADJ
fueconorg-4928	294	5	trading	trading	NOUN
fueconorg-4928	294	6	and	and	CCONJ
fueconorg-4928	294	7	portfolio	portfolio	NOUN
fueconorg-4928	294	8	management	management	NOUN
fueconorg-4928	294	9	.	.	PUNCT
fueconorg-4928	295	1	san	san	PROPN
fueconorg-4928	295	2	diego	diego	PROPN
fueconorg-4928	295	3	,	,	PUNCT
fueconorg-4928	295	4	usa	usa	PROPN
fueconorg-4928	295	5	:	:	PUNCT
fueconorg-4928	295	6	elsevier	elsevier	PROPN
fueconorg-4928	295	7	science	science	PROPN
fueconorg-4928	295	8	publishing	publishing	PROPN
fueconorg-4928	295	9	co	co	PROPN
fueconorg-4928	295	10	inc	inc	PROPN
fueconorg-4928	295	11	.	.	PROPN
fueconorg-4928	295	12	lakić	lakić	PROPN
fueconorg-4928	295	13	,	,	PUNCT
fueconorg-4928	295	14	s.	s.	PROPN
fueconorg-4928	295	15	(	(	PUNCT
fueconorg-4928	295	16	2014	2014	NUM
fueconorg-4928	295	17	)	)	PUNCT
fueconorg-4928	295	18	.	.	PUNCT
fueconorg-4928	296	1	magnituda	magnituda	PROPN
fueconorg-4928	296	2	visoko	visoko	PROPN
fueconorg-4928	296	3	frkventnog	frkventnog	PROPN
fueconorg-4928	296	4	trgovanja	trgovanja	VERB
fueconorg-4928	296	5	na	na	ADP
fueconorg-4928	296	6	tržištu	tržištu	PROPN
fueconorg-4928	296	7	akcija	akcija	NOUN
fueconorg-4928	297	1	[	[	X
fueconorg-4928	297	2	the	the	DET
fueconorg-4928	297	3	magnitude	magnitude	NOUN
fueconorg-4928	297	4	of	of	ADP
fueconorg-4928	297	5	high	high	ADJ
fueconorg-4928	297	6	frequency	frequency	NOUN
fueconorg-4928	297	7	trading	trading	NOUN
fueconorg-4928	297	8	on	on	ADP
fueconorg-4928	297	9	the	the	DET
fueconorg-4928	297	10	stock	stock	NOUN
fueconorg-4928	297	11	market	market	NOUN
fueconorg-4928	297	12	]	]	PUNCT
fueconorg-4928	297	13	.	.	PUNCT
fueconorg-4928	298	1	economics	economics	PROPN
fueconorg-4928	298	2	&	&	CCONJ
fueconorg-4928	298	3	economy	economy	NOUN
fueconorg-4928	298	4	,	,	PUNCT
fueconorg-4928	298	5	1	1	NUM
fueconorg-4928	298	6	(	(	PUNCT
fueconorg-4928	298	7	3	3	NUM
fueconorg-4928	298	8	)	)	PUNCT
fueconorg-4928	298	9	,	,	PUNCT
fueconorg-4928	298	10	7	7	NUM
fueconorg-4928	298	11	-	-	SYM
fueconorg-4928	298	12	32	32	NUM
fueconorg-4928	298	13	.	.	PUNCT
fueconorg-4928	299	1	mackenzie	mackenzie	PROPN
fueconorg-4928	299	2	,	,	PUNCT
fueconorg-4928	299	3	d.	d.	PROPN
fueconorg-4928	299	4	,	,	PUNCT
fueconorg-4928	299	5	beunza	beunza	PROPN
fueconorg-4928	299	6	,	,	PUNCT
fueconorg-4928	299	7	d.	d.	PROPN
fueconorg-4928	299	8	,	,	PUNCT
fueconorg-4928	299	9	millo	millo	PROPN
fueconorg-4928	299	10	,	,	PUNCT
fueconorg-4928	299	11	y.	y.	PROPN
fueconorg-4928	299	12	&	&	CCONJ
fueconorg-4928	299	13	pardo	pardo	PROPN
fueconorg-4928	299	14	-	-	PUNCT
fueconorg-4928	299	15	guerra	guerra	PROPN
fueconorg-4928	299	16	,	,	PUNCT
fueconorg-4928	299	17	j.p	j.p	PROPN
fueconorg-4928	299	18	.	.	PROPN
fueconorg-4928	299	19	(	(	PUNCT
fueconorg-4928	299	20	2012	2012	NUM
fueconorg-4928	299	21	)	)	PUNCT
fueconorg-4928	299	22	.	.	PUNCT
fueconorg-4928	300	1	drilling	drill	VERB
fueconorg-4928	300	2	through	through	ADP
fueconorg-4928	300	3	the	the	DET
fueconorg-4928	300	4	allegheny	allegheny	PROPN
fueconorg-4928	300	5	mountains	mountain	NOUN
fueconorg-4928	300	6	:	:	PUNCT
fueconorg-4928	300	7	liquidity	liquidity	NOUN
fueconorg-4928	300	8	,	,	PUNCT
fueconorg-4928	300	9	materiality	materiality	NOUN
fueconorg-4928	300	10	and	and	CCONJ
fueconorg-4928	300	11	high	high	ADJ
fueconorg-4928	300	12	-	-	PUNCT
fueconorg-4928	300	13	frequency	frequency	NOUN
fueconorg-4928	300	14	trading	trading	NOUN
fueconorg-4928	300	15	.	.	PUNCT
fueconorg-4928	301	1	journal	journal	PROPN
fueconorg-4928	301	2	of	of	ADP
fueconorg-4928	301	3	cultural	cultural	ADJ
fueconorg-4928	301	4	economy	economy	NOUN
fueconorg-4928	301	5	,	,	PUNCT
fueconorg-4928	301	6	5	5	NUM
fueconorg-4928	301	7	(	(	PUNCT
fueconorg-4928	301	8	3	3	NUM
fueconorg-4928	301	9	)	)	PUNCT
fueconorg-4928	301	10	,	,	PUNCT
fueconorg-4928	301	11	279	279	NUM
fueconorg-4928	301	12	–	–	PUNCT
fueconorg-4928	301	13	296	296	NUM
fueconorg-4928	301	14	.	.	PUNCT
fueconorg-4928	302	1	doi:10.1080/17530350.2012.674963	doi:10.1080/17530350.2012.674963	PROPN
fueconorg-4928	302	2	mackie	mackie	NOUN
fueconorg-4928	302	3	-	-	PUNCT
fueconorg-4928	302	4	mason	mason	PROPN
fueconorg-4928	302	5	,	,	PUNCT
fueconorg-4928	302	6	j.k	j.k	PROPN
fueconorg-4928	302	7	.	.	PROPN
fueconorg-4928	302	8	&	&	CCONJ
fueconorg-4928	302	9	wellman	wellman	PROPN
fueconorg-4928	302	10	,	,	PUNCT
fueconorg-4928	302	11	m.p	m.p	PROPN
fueconorg-4928	302	12	.	.	PROPN
fueconorg-4928	302	13	(	(	PUNCT
fueconorg-4928	302	14	2006	2006	NUM
fueconorg-4928	302	15	)	)	PUNCT
fueconorg-4928	302	16	.	.	PUNCT
fueconorg-4928	303	1	automated	automate	VERB
fueconorg-4928	303	2	markets	market	NOUN
fueconorg-4928	303	3	and	and	CCONJ
fueconorg-4928	303	4	trading	trading	NOUN
fueconorg-4928	303	5	agents	agent	NOUN
fueconorg-4928	303	6	.	.	PUNCT
fueconorg-4928	304	1	chapter	chapter	NOUN
fueconorg-4928	304	2	28	28	NUM
fueconorg-4928	304	3	,	,	PUNCT
fueconorg-4928	304	4	handbook	handbook	NOUN
fueconorg-4928	304	5	of	of	ADP
fueconorg-4928	304	6	computational	computational	ADJ
fueconorg-4928	304	7	economics	economic	NOUN
fueconorg-4928	304	8	,	,	PUNCT
fueconorg-4928	304	9	1381–1431	1381–1431	NUM
fueconorg-4928	304	10	.	.	PUNCT
fueconorg-4928	304	11	doi:10.1016	doi:10.1016	PROPN
fueconorg-4928	304	12	/	/	SYM
fueconorg-4928	304	13	s1574	s1574	PROPN
fueconorg-4928	304	14	-	-	PUNCT
fueconorg-4928	304	15	0021(05)02028	0021(05)02028	NUM
fueconorg-4928	304	16	-	-	PUNCT
fueconorg-4928	304	17	9	9	NUM
fueconorg-4928	304	18	miller	miller	PROPN
fueconorg-4928	304	19	,	,	PUNCT
fueconorg-4928	304	20	r.s	r.s	PROPN
fueconorg-4928	304	21	.	.	PROPN
fueconorg-4928	304	22	&	&	CCONJ
fueconorg-4928	304	23	shorter	short	ADJ
fueconorg-4928	304	24	,	,	PUNCT
fueconorg-4928	304	25	g.	g.	PROPN
fueconorg-4928	304	26	(	(	PUNCT
fueconorg-4928	304	27	2016	2016	NUM
fueconorg-4928	304	28	)	)	PUNCT
fueconorg-4928	304	29	.	.	PUNCT
fueconorg-4928	305	1	high	high	ADJ
fueconorg-4928	305	2	frequency	frequency	NOUN
fueconorg-4928	305	3	trading	trading	NOUN
fueconorg-4928	305	4	:	:	PUNCT
fueconorg-4928	305	5	overview	overview	NOUN
fueconorg-4928	305	6	of	of	ADP
fueconorg-4928	305	7	recent	recent	ADJ
fueconorg-4928	305	8	developments	development	NOUN
fueconorg-4928	305	9	.	.	PUNCT
fueconorg-4928	306	1	retrieved	retrieve	VERB
fueconorg-4928	306	2	from	from	ADP
fueconorg-4928	306	3	:	:	PUNCT
fueconorg-4928	306	4	https://digital.library.unt.edu/ark:/67531/metadc847719/	https://digital.library.unt.edu/ark:/67531/metadc847719/	PROPN
fueconorg-4928	306	5	accessed	access	VERB
fueconorg-4928	306	6	on	on	ADP
fueconorg-4928	306	7	:	:	PUNCT
fueconorg-4928	306	8	21st	21st	ADJ
fueconorg-4928	306	9	december	december	PROPN
fueconorg-4928	306	10	2018	2018	NUM
fueconorg-4928	306	11	.	.	PUNCT
fueconorg-4928	307	1	riordan	riordan	PROPN
fueconorg-4928	307	2	,	,	PUNCT
fueconorg-4928	307	3	r.	r.	PROPN
fueconorg-4928	307	4	&	&	CCONJ
fueconorg-4928	307	5	storkenmaier	storkenmaier	PROPN
fueconorg-4928	307	6	,	,	PUNCT
fueconorg-4928	307	7	a.	a.	NOUN
fueconorg-4928	307	8	(	(	PUNCT
fueconorg-4928	307	9	2011	2011	NUM
fueconorg-4928	307	10	)	)	PUNCT
fueconorg-4928	307	11	.	.	PUNCT
fueconorg-4928	308	1	latency	latency	NOUN
fueconorg-4928	308	2	,	,	PUNCT
fueconorg-4928	308	3	liquidity	liquidity	NOUN
fueconorg-4928	308	4	and	and	CCONJ
fueconorg-4928	308	5	price	price	NOUN
fueconorg-4928	308	6	discovery	discovery	NOUN
fueconorg-4928	308	7	.	.	PUNCT
fueconorg-4928	309	1	ssrn	ssrn	PROPN
fueconorg-4928	309	2	electronic	electronic	ADJ
fueconorg-4928	309	3	journal	journal	PROPN
fueconorg-4928	309	4	.	.	PUNCT
fueconorg-4928	310	1	doi:10.2139	doi:10.2139	ADJ
fueconorg-4928	310	2	/	/	SYM
fueconorg-4928	311	1	ssrn.1247482	ssrn.1247482	ADJ
fueconorg-4928	311	2	sajter	sajter	NOUN
fueconorg-4928	311	3	,	,	PUNCT
fueconorg-4928	311	4	d.	d.	PROPN
fueconorg-4928	311	5	(	(	PUNCT
fueconorg-4928	311	6	2013	2013	NUM
fueconorg-4928	311	7	)	)	PUNCT
fueconorg-4928	311	8	.	.	PUNCT
fueconorg-4928	312	1	algoritamsko	algoritamsko	ADV
fueconorg-4928	312	2	i	i	PRON
fueconorg-4928	312	3	visoko	visoko	NOUN
fueconorg-4928	312	4	-	-	PUNCT
fueconorg-4928	312	5	frekventno	frekventno	ADJ
fueconorg-4928	312	6	trgovanje	trgovanje	NOUN
fueconorg-4928	312	7	[	[	X
fueconorg-4928	312	8	algorithmic	algorithmic	ADJ
fueconorg-4928	312	9	and	and	CCONJ
fueconorg-4928	312	10	high	high	ADJ
fueconorg-4928	312	11	-	-	PUNCT
fueconorg-4928	312	12	frequency	frequency	NOUN
fueconorg-4928	312	13	trading	trading	NOUN
fueconorg-4928	312	14	]	]	PUNCT
fueconorg-4928	312	15	.	.	PUNCT
fueconorg-4928	313	1	ekonomska	ekonomska	PROPN
fueconorg-4928	313	2	misao	misao	PROPN
fueconorg-4928	314	1	i	i	PRON
fueconorg-4928	314	2	praksa	praksa	PROPN
fueconorg-4928	314	3	,	,	PUNCT
fueconorg-4928	314	4	22	22	NUM
fueconorg-4928	314	5	(	(	PUNCT
fueconorg-4928	314	6	1	1	NUM
fueconorg-4928	314	7	)	)	PUNCT
fueconorg-4928	314	8	,	,	PUNCT
fueconorg-4928	314	9	321	321	NUM
fueconorg-4928	314	10	-	-	SYM
fueconorg-4928	314	11	336	336	NUM
fueconorg-4928	314	12	.	.	PUNCT
fueconorg-4928	315	1	stoll	stoll	PROPN
fueconorg-4928	315	2	,	,	PUNCT
fueconorg-4928	315	3	r.h	r.h	PROPN
fueconorg-4928	315	4	.	.	PROPN
fueconorg-4928	315	5	(	(	PUNCT
fueconorg-4928	315	6	2006	2006	NUM
fueconorg-4928	315	7	)	)	PUNCT
fueconorg-4928	315	8	.	.	PUNCT
fueconorg-4928	316	1	electonic	electonic	ADJ
fueconorg-4928	316	2	trading	trading	NOUN
fueconorg-4928	316	3	in	in	ADP
fueconorg-4928	316	4	stock	stock	NOUN
fueconorg-4928	316	5	markets	market	NOUN
fueconorg-4928	316	6	.	.	PUNCT
fueconorg-4928	317	1	journal	journal	NOUN
fueconorg-4928	317	2	of	of	ADP
fueconorg-4928	317	3	economic	economic	ADJ
fueconorg-4928	317	4	perspectives	perspective	NOUN
fueconorg-4928	317	5	,	,	PUNCT
fueconorg-4928	317	6	20	20	NUM
fueconorg-4928	317	7	(	(	PUNCT
fueconorg-4928	317	8	1	1	NUM
fueconorg-4928	317	9	)	)	PUNCT
fueconorg-4928	317	10	,	,	PUNCT
fueconorg-4928	317	11	153	153	NUM
fueconorg-4928	317	12	-	-	SYM
fueconorg-4928	317	13	174	174	NUM
fueconorg-4928	317	14	.	.	PUNCT
fueconorg-4928	318	1	venkataraman	venkataraman	PROPN
fueconorg-4928	318	2	,	,	PUNCT
fueconorg-4928	318	3	k.	k.	PROPN
fueconorg-4928	318	4	(	(	PUNCT
fueconorg-4928	318	5	2001	2001	NUM
fueconorg-4928	318	6	)	)	PUNCT
fueconorg-4928	318	7	.	.	PUNCT
fueconorg-4928	319	1	automated	automate	VERB
fueconorg-4928	319	2	versus	versus	ADP
fueconorg-4928	319	3	floor	floor	NOUN
fueconorg-4928	319	4	trading	trading	NOUN
fueconorg-4928	319	5	:	:	PUNCT
fueconorg-4928	319	6	an	an	DET
fueconorg-4928	319	7	analysis	analysis	NOUN
fueconorg-4928	319	8	of	of	ADP
fueconorg-4928	319	9	execution	execution	NOUN
fueconorg-4928	319	10	costs	cost	NOUN
fueconorg-4928	319	11	on	on	ADP
fueconorg-4928	319	12	the	the	DET
fueconorg-4928	319	13	paris	paris	PROPN
fueconorg-4928	319	14	and	and	CCONJ
fueconorg-4928	319	15	new	new	PROPN
fueconorg-4928	319	16	york	york	PROPN
fueconorg-4928	319	17	exchanges	exchange	NOUN
fueconorg-4928	319	18	.	.	PUNCT
fueconorg-4928	320	1	journal	journal	PROPN
fueconorg-4928	320	2	of	of	ADP
fueconorg-4928	320	3	finance	finance	NOUN
fueconorg-4928	320	4	,	,	PUNCT
fueconorg-4928	320	5	56	56	NUM
fueconorg-4928	320	6	(	(	PUNCT
fueconorg-4928	320	7	4	4	NUM
fueconorg-4928	320	8	)	)	PUNCT
fueconorg-4928	320	9	,	,	PUNCT
fueconorg-4928	320	10	1445	1445	NUM
fueconorg-4928	320	11	-	-	SYM
fueconorg-4928	320	12	1485	1485	NUM
fueconorg-4928	320	13	.	.	PUNCT
fueconorg-4928	321	1	vuksanović	vuksanović	PROPN
fueconorg-4928	321	2	,	,	PUNCT
fueconorg-4928	321	3	e.	e.	PROPN
fueconorg-4928	321	4	(	(	PUNCT
fueconorg-4928	321	5	2009	2009	NUM
fueconorg-4928	321	6	)	)	PUNCT
fueconorg-4928	321	7	.	.	PUNCT
fueconorg-4928	322	1	elektronski	elektronski	PROPN
fueconorg-4928	322	2	sistemi	sistemi	X
fueconorg-4928	322	3	plaćanja	plaćanja	PROPN
fueconorg-4928	322	4	[	[	X
fueconorg-4928	322	5	electronic	electronic	ADJ
fueconorg-4928	322	6	payment	payment	NOUN
fueconorg-4928	322	7	systems	system	NOUN
fueconorg-4928	322	8	]	]	PUNCT
fueconorg-4928	322	9	.	.	PUNCT
fueconorg-4928	323	1	kragujevac	kragujevac	PROPN
fueconorg-4928	323	2	:	:	PUNCT
fueconorg-4928	323	3	ekonomski	ekonomski	PROPN
fueconorg-4928	323	4	fakultet	fakultet	NOUN
fueconorg-4928	324	1	univerziteta	univerziteta	PROPN
fueconorg-4928	324	2	u	u	PROPN
fueconorg-4928	324	3	kragujevcu	kragujevcu	VERB
fueconorg-4928	324	4	.	.	PUNCT
fueconorg-4928	325	1	zook	zook	PROPN
fueconorg-4928	325	2	,	,	PUNCT
fueconorg-4928	325	3	m.	m.	PROPN
fueconorg-4928	325	4	&	&	CCONJ
fueconorg-4928	325	5	grote	grote	PROPN
fueconorg-4928	325	6	,	,	PUNCT
fueconorg-4928	325	7	m.h	m.h	PROPN
fueconorg-4928	325	8	.	.	PROPN
fueconorg-4928	326	1	(	(	PUNCT
fueconorg-4928	326	2	2016	2016	NUM
fueconorg-4928	326	3	)	)	PUNCT
fueconorg-4928	326	4	.	.	PUNCT
fueconorg-4928	327	1	the	the	DET
fueconorg-4928	327	2	microgeographies	microgeographie	NOUN
fueconorg-4928	327	3	of	of	ADP
fueconorg-4928	327	4	global	global	ADJ
fueconorg-4928	327	5	finance	finance	NOUN
fueconorg-4928	327	6	:	:	PUNCT
fueconorg-4928	327	7	high	high	ADJ
fueconorg-4928	327	8	-	-	PUNCT
fueconorg-4928	327	9	frequency	frequency	NOUN
fueconorg-4928	327	10	trading	trading	NOUN
fueconorg-4928	327	11	and	and	CCONJ
fueconorg-4928	327	12	the	the	DET
fueconorg-4928	327	13	construction	construction	NOUN
fueconorg-4928	327	14	of	of	ADP
fueconorg-4928	327	15	information	information	NOUN
fueconorg-4928	327	16	inequality	inequality	NOUN
fueconorg-4928	327	17	.	.	PUNCT
fueconorg-4928	328	1	environment	environment	NOUN
fueconorg-4928	328	2	and	and	CCONJ
fueconorg-4928	328	3	planning	plan	VERB
fueconorg-4928	328	4	a	a	DET
fueconorg-4928	328	5	:	:	PUNCT
fueconorg-4928	328	6	economy	economy	NOUN
fueconorg-4928	328	7	and	and	CCONJ
fueconorg-4928	328	8	space	space	NOUN
fueconorg-4928	328	9	,	,	PUNCT
fueconorg-4928	328	10	49(1	49(1	NOUN
fueconorg-4928	328	11	)	)	PUNCT
fueconorg-4928	328	12	,	,	PUNCT
fueconorg-4928	328	13	121	121	NUM
fueconorg-4928	328	14	–	–	SYM
fueconorg-4928	328	15	140	140	NUM
fueconorg-4928	328	16	.	.	PUNCT
fueconorg-4928	328	17	doi:10.1177/0308518x16667298	doi:10.1177/0308518x16667298	PROPN
fueconorg-4928	328	18	https://www.theatlas.com/charts/hj3prah_7	https://www.theatlas.com/charts/hj3prah_7	PROPN
fueconorg-4928	328	19	(	(	PUNCT
fueconorg-4928	328	20	accessed	access	VERB
fueconorg-4928	328	21	on	on	ADP
fueconorg-4928	328	22	:	:	PUNCT
fueconorg-4928	328	23	23th	23th	NUM
fueconorg-4928	328	24	january	january	NOUN
fueconorg-4928	328	25	2019	2019	NUM
fueconorg-4928	328	26	)	)	PUNCT
fueconorg-4928	328	27	268	268	NUM
fueconorg-4928	328	28	v.	v.	ADP
fueconorg-4928	328	29	todorović	todorović	PROPN
fueconorg-4928	328	30	,	,	PUNCT
fueconorg-4928	328	31	a.	a.	NOUN
fueconorg-4928	328	32	pešterac	pešterac	PROPN
fueconorg-4928	328	33	,	,	PUNCT
fueconorg-4928	328	34	n.	n.	PROPN
fueconorg-4928	328	35	tomić	tomić	NOUN
fueconorg-4928	328	36	uticaj	uticaj	VERB
fueconorg-4928	328	37	automatizovanih	automatizovanih	PROPN
fueconorg-4928	328	38	trgovinskih	trgovinskih	PROPN
fueconorg-4928	328	39	sistema	sistema	PROPN
fueconorg-4928	328	40	na	na	ADP
fueconorg-4928	328	41	stabilnost	stabilnost	PROPN
fueconorg-4928	328	42	finansijskih	finansijskih	PROPN
fueconorg-4928	328	43	trţišta	trţišta	PROPN
fueconorg-4928	328	44	razvoj	razvoj	VERB
fueconorg-4928	328	45	informacionih	informacionih	PROPN
fueconorg-4928	328	46	tehnologija	tehnologija	PROPN
fueconorg-4928	328	47	je	je	PROPN
fueconorg-4928	328	48	suštinski	suštinski	PROPN
fueconorg-4928	328	49	promenio	promenio	PROPN
fueconorg-4928	328	50	način	način	PROPN
fueconorg-4928	328	51	funkcionisanja	funkcionisanja	PROPN
fueconorg-4928	328	52	finansijskih	finansijskih	PROPN
fueconorg-4928	328	53	tržišta	tržišta	PROPN
fueconorg-4928	328	54	.	.	PUNCT
fueconorg-4928	329	1	automatizacija	automatizacija	PROPN
fueconorg-4928	329	2	trgovinskih	trgovinskih	PROPN
fueconorg-4928	329	3	sistema	sistema	VERB
fueconorg-4928	329	4	na	na	ADP
fueconorg-4928	329	5	finansijskim	finansijskim	PROPN
fueconorg-4928	329	6	tržištima	tržištima	PROPN
fueconorg-4928	329	7	predstavlja	predstavlja	PROPN
fueconorg-4928	329	8	poslednji	poslednji	PROPN
fueconorg-4928	329	9	čin	čin	PROPN
fueconorg-4928	329	10	depersonalizacije	depersonalizacije	PROPN
fueconorg-4928	329	11	aktivnosti	aktivnosti	X
fueconorg-4928	329	12	koje	koje	PROPN
fueconorg-4928	329	13	su	su	PROPN
fueconorg-4928	329	14	ranije	ranije	PROPN
fueconorg-4928	329	15	obavljali	obavljali	PROPN
fueconorg-4928	329	16	trgovci	trgovci	PROPN
fueconorg-4928	329	17	.	.	PUNCT
fueconorg-4928	330	1	razvojem	razvojem	PROPN
fueconorg-4928	330	2	algoritamskog	algoritamskog	PROPN
fueconorg-4928	330	3	trgovanja	trgovanja	PROPN
fueconorg-4928	330	4	,	,	PUNCT
fueconorg-4928	330	5	računarima	računarima	PROPN
fueconorg-4928	330	6	je	je	PROPN
fueconorg-4928	330	7	potpuno	potpuno	PROPN
fueconorg-4928	330	8	prepušteno	prepušteno	PROPN
fueconorg-4928	331	1	određivanje	određivanje	PROPN
fueconorg-4928	331	2	trenutka	trenutka	PROPN
fueconorg-4928	332	1	i	i	PRON
fueconorg-4928	332	2	načina	načina	ADJ
fueconorg-4928	332	3	izvršenja	izvršenja	PROPN
fueconorg-4928	332	4	kupoprodajnih	kupoprodajnih	PROPN
fueconorg-4928	332	5	naloga	naloga	PROPN
fueconorg-4928	332	6	.	.	PUNCT
fueconorg-4928	333	1	računari	računari	PROPN
fueconorg-4928	333	2	i	i	PRON
fueconorg-4928	333	3	dalje	dalje	AUX
fueconorg-4928	333	4	ne	ne	X
fueconorg-4928	333	5	donose	donose	VERB
fueconorg-4928	333	6	autonomno	autonomno	PROPN
fueconorg-4928	333	7	odluke	odluke	NOUN
fueconorg-4928	333	8	u	u	PROPN
fueconorg-4928	333	9	pogledu	pogledu	NOUN
fueconorg-4928	333	10	izbora	izbora	NOUN
fueconorg-4928	333	11	instrumenata	instrumenata	PROPN
fueconorg-4928	333	12	koji	koji	PROPN
fueconorg-4928	333	13	će	će	PROPN
fueconorg-4928	333	14	biti	biti	PROPN
fueconorg-4928	333	15	predmet	predmet	PROPN
fueconorg-4928	333	16	trgovine	trgovine	PROPN
fueconorg-4928	333	17	,	,	PUNCT
fueconorg-4928	333	18	ili	ili	PROPN
fueconorg-4928	333	19	kriterijuma	kriterijuma	PROPN
fueconorg-4928	333	20	po	po	PROPN
fueconorg-4928	333	21	kojima	kojima	PROPN
fueconorg-4928	333	22	će	će	PROPN
fueconorg-4928	333	23	se	se	PROPN
fueconorg-4928	333	24	trgovati	trgovati	PROPN
fueconorg-4928	333	25	.	.	PUNCT
fueconorg-4928	334	1	oni	oni	PROPN
fueconorg-4928	334	2	implementiraju	implementiraju	PROPN
fueconorg-4928	334	3	strategiju	strategiju	PROPN
fueconorg-4928	334	4	za	za	PROPN
fueconorg-4928	334	5	koju	koju	PROPN
fueconorg-4928	334	6	se	se	PROPN
fueconorg-4928	334	7	trgovac	trgovac	PROPN
fueconorg-4928	334	8	odlučio	odlučio	PROPN
fueconorg-4928	334	9	,	,	PUNCT
fueconorg-4928	334	10	birajući	birajući	PROPN
fueconorg-4928	334	11	povoljan	povoljan	NOUN
fueconorg-4928	334	12	trenutak	trenutak	NOUN
fueconorg-4928	334	13	.	.	PUNCT
fueconorg-4928	335	1	na	na	PROPN
fueconorg-4928	335	2	ovaj	ovaj	PROPN
fueconorg-4928	335	3	način	način	PROPN
fueconorg-4928	335	4	se	se	PROPN
fueconorg-4928	335	5	smanjuje	smanjuje	PROPN
fueconorg-4928	335	6	uticaj	uticaj	PROPN
fueconorg-4928	335	7	ljudskih	ljudskih	PROPN
fueconorg-4928	335	8	emocija	emocija	NOUN
fueconorg-4928	335	9	na	na	PART
fueconorg-4928	335	10	donošenje	donošenje	VERB
fueconorg-4928	335	11	odluka	odluka	PROPN
fueconorg-4928	336	1	i	i	PROPN
fueconorg-4928	336	2	omogućavaju	omogućavaju	PROPN
fueconorg-4928	336	3	prevazilaženje	prevazilaženje	PROPN
fueconorg-4928	336	4	problema	problema	PROPN
fueconorg-4928	336	5	koji	koji	PROPN
fueconorg-4928	336	6	mogu	mogu	PROPN
fueconorg-4928	336	7	nastati	nastati	PROPN
fueconorg-4928	336	8	usled	usle	VERB
fueconorg-4928	336	9	nepažnje	nepažnje	PROPN
fueconorg-4928	336	10	ili	ili	PROPN
fueconorg-4928	336	11	nedostatka	nedostatka	PROPN
fueconorg-4928	336	12	koncentracije	koncentracije	PROPN
fueconorg-4928	336	13	.	.	PUNCT
fueconorg-4928	337	1	visoko	visoko	ADJ
fueconorg-4928	337	2	-	-	PUNCT
fueconorg-4928	337	3	frekventna	frekventna	NOUN
fueconorg-4928	337	4	trgovina	trgovina	NOUN
fueconorg-4928	337	5	omogućava	omogućava	NOUN
fueconorg-4928	337	6	izvođenje	izvođenje	PROPN
fueconorg-4928	337	7	algoritamskih	algoritamskih	PROPN
fueconorg-4928	337	8	operacija	operacija	X
fueconorg-4928	337	9	velikom	velikom	PROPN
fueconorg-4928	337	10	brzinom	brzinom	PROPN
fueconorg-4928	337	11	.	.	PUNCT
fueconorg-4928	338	1	osnovni	osnovni	PROPN
fueconorg-4928	338	2	cilj	cilj	PROPN
fueconorg-4928	338	3	rada	rada	PROPN
fueconorg-4928	338	4	je	je	PROPN
fueconorg-4928	338	5	utvrđivanje	utvrđivanje	PROPN
fueconorg-4928	338	6	prednosti	prednosti	PROPN
fueconorg-4928	338	7	i	i	PRON
fueconorg-4928	338	8	opasnosti	opasnosti	VERB
fueconorg-4928	338	9	koje	koje	PROPN
fueconorg-4928	338	10	produkuje	produkuje	PROPN
fueconorg-4928	338	11	algoritamsko	algoritamsko	ADV
fueconorg-4928	338	12	trgovanje	trgovanje	PROPN
fueconorg-4928	338	13	hartijama	hartijama	NOUN
fueconorg-4928	338	14	od	od	PROPN
fueconorg-4928	338	15	vrednosti	vrednosti	PROPN
fueconorg-4928	338	16	.	.	PUNCT
fueconorg-4928	339	1	ključne	ključne	PROPN
fueconorg-4928	339	2	reči	reči	NOUN
fueconorg-4928	339	3	:	:	PUNCT
fueconorg-4928	339	4	automatizovani	automatizovani	PROPN
fueconorg-4928	339	5	trgovinski	trgovinski	PROPN
fueconorg-4928	339	6	sistemi	sistemi	PROPN
fueconorg-4928	339	7	,	,	PUNCT
fueconorg-4928	339	8	finansijska	finansijska	PROPN
fueconorg-4928	339	9	tržišta	tržišta	PROPN
fueconorg-4928	339	10	,	,	PUNCT
fueconorg-4928	339	11	visoko	visoko	ADJ
fueconorg-4928	339	12	-	-	PUNCT
fueconorg-4928	339	13	frekventna	frekventna	NOUN
fueconorg-4928	339	14	trgovina	trgovina	NOUN
