David Mann, director of U.S. capital markets at BlackRock iShares, Manoj Narang, founder and chief executive officer of Tradeworx, Howard Kramer, a partner at Willkie Farr & Gallagher LLP, and Ashok Krishnan, head of EMEA execution services at Bank of America Merrill Lynch, participate in a Bloomberg Link panel discussion about high-frequency trading.

Bloomberg's Nina Mehta moderated the panel in New York yesterday. Roger Anerella, global head of execution services at Bank of America Merrill Lynch, gives the opening remarks.