Crossing the HFT Rubicon in Europe
As the US markets grapple with a new regulatory scheme, European exchanges are coming to grips with the globalization of High Frequency Trading, which I’m finding is a mixed bag. Focusing first on...
View ArticleBalloons, flash crashes and a new market structure
Authorities are hopeful to find that high frequency trading (HFT) was the likely culprit behind the “Flash Crash” earlier this year. It’s a populist position that would provide an easy explanation as...
View ArticleStart your engines: The future of high frequency trading
On March 27th the 2011 Formula 1 season kicks off with the Qantas Australian Grand Prix. Each of the teams will have spent untold millions of dollars refining their cars to be as fast and as...
View ArticleTEN trends in electronic trading in Asia for 2012
The trading landscape in Asia Pacific is becoming more fragmented and regulated. Competition in Asia Pacific will increase, both among Western peers or within the region, as firms bid to provide the...
View ArticleLimit Up-Limit Down: Where’s the Limit?
With the advent of this new Limit Up-Limit Down rule, the onus is on broker-dealers to have a system in place that will not allow executions to occur outside the set price bands nor quote outside the...
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