A Novel Approach to High Frequency Trading

Interesting… HFT has proven to be singularly destructive. Despite the claims of it defenders, it does not increase market liquidity; it merely increases trading volumes without improving ease of execution. 60% of US stock market trading volume comes from HFT. HFT has undermined how markets operate. Institutional investors have diverted some of their trades toContinue reading “A Novel Approach to High Frequency Trading”

Four Percent of all NASDAQ Trades Last Week Attributed to Single Mystery Algorithm; Robo-trader Consumed 10% of Network Bandwidth

I thought we’d have another decade or two until the machines took over. The scariest part of this single program was that its millions of quotes accounted for 10 percent of the bandwidth that is allowed for trading on any given day, according to Nanex. (The size of the bandwidth pipe is determined by aContinue reading “Four Percent of all NASDAQ Trades Last Week Attributed to Single Mystery Algorithm; Robo-trader Consumed 10% of Network Bandwidth”