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High Frequency Trading
The latest technology, connectivity and regulatory news and insight for the high frequency trading community.
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Youtube video of FPGA Accelerators at JP Morgan Chase for HFT aka high frequency trading

Youtube video of FPGA Accelerators at JP Morgan Chase for HFT aka high frequency trading | High Frequency Trading | Scoop.it
Youtube video of FPGA Accelerators at JP Morgan Chase for HFT aka high frequency trading See used throughout industry Thanks to someone through Linked In who sent this Interested in learning more? ...
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New Columbia Business School HFT Paper Is Disappointing

The study by Charles Jones cite the usual benefits of HFT: enhanced liquidity and more efficient markets. But what about the conflicts of interest and order types designed specifically for the benefit of high frequency players?
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Opinion: The reality of high-frequency trading - Charles M. Jones

Opinion: The reality of high-frequency trading - Charles M. Jones | High Frequency Trading | Scoop.it
Is high-frequency trading a threat to our financial markets or an important innovation that benefits today’s investors?
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Why Warren Buffett is Wrong about High-Frequency Trading

Why Warren Buffett is Wrong about High-Frequency Trading | High Frequency Trading | Scoop.it
High-frequency trading (HFT) is once again making headlines.
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Traders prepare for HFT shift into emerging markets - FX Week (subscription)

Traders prepare for HFT shift into emerging markets - FX Week (subscription) | High Frequency Trading | Scoop.it
FX Week (subscription) Traders prepare for HFT shift into emerging markets FX Week (subscription) "What we've seen in other asset classes will be copied, and if you're an HFT player, you want to be close to the trading platforms, you want to...
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Europe’s Prop Traders Fear MiFID II Delays Could Deal Blow For HFT

Europe’s Prop Traders Fear MiFID II Delays Could Deal Blow For HFT | High Frequency Trading | Scoop.it
Europe’s high-frequency traders are urging a swift resolution to the MiFID II discussions, which are currently being held up in the corridors of power in Brussels, as they warn that any further delays could work against the HFT community.
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High Frequency Trading: Clear and Present Danger?

High Frequency Trading: Clear and Present Danger? | High Frequency Trading | Scoop.it
Congressman wants the SEC to clamp down - if not eliminate - High Frequency Trading. 
Hayden Richards's insight:

From Phil Albinus


"The advances of the modern age have levelled the playing field just about everywhere except for the individual investor in the modern capital markets. How can Ma and Pa Investor compete against Goldman Sachs, Morgan Stanley or a hedge fund that relies on high-frequency trading (HFT)?

One congressman wants to make things more fair and might take down HFT to reach that goal. And CIOs and their technology staff will have to implement these new rules if they are ever passed.

In a recent letter sent to the SEC, Congressman Ed Markey (D-MA)  wrote that, "…sophisticated trading firms can make full use of light speed HFT algorithms, while the ordinary investor day-trading his 401k remains at more terrestrial speeds…There is a real risk that algorithmic trading is making investors hesitant to re-enter the equity markets because they fear that the entire game is rigged."

Markey calls HFT a threat to the stability and safety of U.S. markets and proposes that, "… its use should be curtailed immediately."  

People in the HFT space agree that high-speed trading favors the fast, but they have their concerns about an HFT ban. Seth Merrin, CEO of Liquidnet, the global trading network, says that "the market has done very well over the last three years but we are still seeing massive outflows up until the first week of this year."  

According to Trim Tabs, outflows from U.S. equity mutual funds in 2008 reached a record $148 billion. In 2009, confidence appeared to be stabilizing as outflows from U.S. equity mutual funds totaled just $28 billion.  

Trim Tabs COO Minyi Chen tells Fox Business News, "High frequency trading undermines investor confidence and they (investors) want other types of investment vehicles that offer higher liquidity than mutual funds -- for example ETFs."   



Read more: High-frequency trading: Clear and present danger? - FierceFinanceIT http://www.fiercefinanceit.com/story/high-frequency-trading-clear-and-present-danger/2013-01-23#ixzz2IsT6d6N0 

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Analysis: Inside Supermicro's Hyper-Speed HFT Server - Low-Latency.com (blog)

Analysis: Inside Supermicro's Hyper-Speed HFT Server
Low-Latency.com (blog)
Super Micro Computer last month introduced a new line of "Hyper-Speed" servers, pitching them at high frequency trading applications.
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Two supercomputers crunched the data and conclude high frequency trading has “little impact on our lives”

Two supercomputers crunched the data and conclude high frequency trading has “little impact on our lives” | High Frequency Trading | Scoop.it
Scientists used two of the world’s largest supercomputers in a study that has determined the impact of high-frequency trading on US stock markets is virtually nothing. In fact, the research suggests that ...

Via M. Edward (Ed) Borasky
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High-Frequency Traders Flat-Out Buying Data Ahead of You | All ...

High-Frequency Traders Flat-Out Buying Data Ahead of You | All ... | High Frequency Trading | Scoop.it
When the Institute for Supply Management releases its index of manufacturing activity next week, the headlines from the report will flash to traders at what their eyes tell them is 10:00 am. But unless they are subscribers to a ...

Via M. Edward (Ed) Borasky
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HFT Caught-Red Handed In FX Trading | TheTradersWire.com

HFT Caught-Red Handed In FX Trading | TheTradersWire.com | High Frequency Trading | Scoop.it

After decimating equity and commodity markets, the HiFreqs have boldly gone and broken another market – FX.


But that is not news: we reported over two years ago, that while HFT accounting for all of the churn – not liquidity - in stocks, bonds, and commodities, HFT had moved on to the final frontier, FX, where even the smallest moves now are catalysts for avalanche-like surges and plunges on the most meaningless of newslfow.


What is news it that finally it has been caught in the act. From Reuters, which is also an involuntary accomplice in this latest HFT unmasking, courtesy of its institutional FX trading platform: “Thomson Reuters Corp is investigating whether one of its currency trading customers gained an unfair advantage when making high speed foreign exchange trades on its platform.

Lucid Markets, a privately held electronic trading firm registered in Great Britain, may have benefited from trades using several connections on the Thomson Reuters Matching platform.”

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Day trading the news? Not on your life - MarketWatch

Day trading the news? Not on your life - MarketWatch | High Frequency Trading | Scoop.it
Day trading the news? Not on your lifeMarketWatchThe agency in question, the Institute for Supply Management, figures that giving it to the high-frequency traders first means everyone day trading the news will realize that they can't win and thus,...
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Rules to tackle "algo" traders could backfire-study - Reuters

Rules to tackle "algo" traders could backfire-studyReutersLONDON Aug 31 (Reuters) - European regulations designed to crack down on so-called high- frequency trading (HFT) could end up reducing the number of buyers and sellers in financial markets ...
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The Risks of High-Frequency Trading

The Risks of High-Frequency Trading | High Frequency Trading | Scoop.it
The trading risks of HFT may decimate the HFT operation and at the same time greatly affect other market participants. Particularly, in selected markets, unchecked HFT may quickly incur considerable losses, well in excess of any tolerable limits.
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Finextra: Beware of the dark, but HFT no bogey man says Aussie regulator

Finextra: Beware of the dark, but HFT no bogey man says Aussie regulator | High Frequency Trading | Scoop.it
The potential for market abuse in dark pool trading is more profound than 'overstated' concerns about the dangers of high frequency trading, says Australia's Securities and Investment Commission (Asic).
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Delicate courting of HFT drives growth | People In The Trade | TheTradeNews.com

Delicate courting of HFT drives growth | People In The Trade | TheTradeNews.com | High Frequency Trading | Scoop.it
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SEC plans to beef up high-speed trading regulations - The Hill's RegWatch

SEC plans to beef up high-speed trading regulations - The Hill's RegWatch | High Frequency Trading | Scoop.it
Federal regulators are moving to increase protections against blips in high frequency trading, such as the one that spooked Wall Street in 2010.
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Two Funny Cartoons That Perfectly Capture Why People Are Still Worried About High Frequency Trading

Two Funny Cartoons That Perfectly Capture Why People Are Still Worried About High Frequency Trading | High Frequency Trading | Scoop.it
Just a reminder.
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ConvergEx Announces Definitive Agreement to Sell Eze Castle Software and RealTick Businesses to TPG

ConvergEx Holdings, (“ConvergEx”) today announced that it has signed a definitive agreement to sell its software platform business, consisting primarily of Eze Castle Software and RealTick, to an affiliate of TPG Capital.
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CFTC, SEC Face Data-Deficit in Coming High-Frequency Trading Fight [CFTC Law]

CFTC, SEC Face Data-Deficit in Coming High-Frequency Trading Fight [CFTC Law] | High Frequency Trading | Scoop.it
By Felix Shipkevichread more...
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SBI Japannext Preps Low-Latency Tokyo, Osaka Feeds via MarketPrizm - www.waterstechnology.com

SBI Japannext Preps Low-Latency Tokyo, Osaka Feeds via MarketPrizm - www.waterstechnology.com | High Frequency Trading | Scoop.it
www.waterstechnology.com SBI Japannext Preps Low-Latency Tokyo, Osaka Feeds via MarketPrizm www.waterstechnology.com Japanese proprietary trading system SBI Japannext is to begin sourcing low-latency market data from Asian exchanges to support the...
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High-Frequency Trading Provides Essential Liquidity

High-Frequency Trading Provides Essential Liquidity | High Frequency Trading | Scoop.it
letters in The Wall Street Journal high-frequency trading, market regulators
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TraFXpure Plans Random Latency FX Trading

TraFXpure Plans Random Latency FX Trading | High Frequency Trading | Scoop.it
Nope, the date is not April 1, though I had to double check.  TraFXpure, a planned spot market for foreign exchange, has begun testing for an early 2013 go live, exercising a matching engine that features random latency execution.
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Gaming the High Frequency Trading Programs (HFTs) for Fun - Benzinga

Gaming the High Frequency Trading Programs (HFTs) for Fun - Benzinga | High Frequency Trading | Scoop.it
Gaming the High Frequency Trading Programs (HFTs) for FunBenzingaThere has been much debate and controversy about the negative effects of high frequency trading programs (HFTs).
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Increased Transparency Efficiency in Swaps Markets

Since 2011, the Fixed Income Connectivity Working Group (FICWG), an initiative comprising the global investment banks committed to increasing transparency and efficiency in the fixed income markets, has been working with the leading venues expected...
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