Posts Tagged ‘high frequency trading’

HFTs and Dark Pool Operators Need to Change Practices, Said NY Official

by Christopher Lemieuxon June 5, 2014 8:16 pm BST
According to Chad Johnson, head of NY Investor Protection Bureau, high frequency traders (HFTs) and dark pool operators need to do “some soul-searching” to improve their industry. The increased scrutiny of HFTs and dark pools (anonymous liquidity) has caused some to change how they conduct their business. For instance, Goldman Sachs is looking to step […]

Algorithmic Trading Set to Take Over Forex

by Christopher Lemieuxon May 31, 2014 5:41 am BST
Amid the scrutiny of high frequency trading, algorithmic trading has moved from, primarily, the equity market and is beginning to flood the currency market. According to Molten Markets Inc., algorithmic trading with begin to completely phase out voice orders conducted over a line of communication. Simon Wilson-Taylor of Molten Markets said “we’re on the edge […]

Changes in Fed Policy for the Last Sixteen Years Leaked, According to Study

by Christopher Lemieuxon May 14, 2014 1:49 am BST
According to data provided by Singapore Management University, some traders since 1997 to 2013 could have received early notice on changes to Federal Reserve policy prior to the official announcement of policy shifts. Fed announcements and policy have been a driving force in market activity within the last several years. The Singapore-based research presented evidence […]

High Frequency Traders Are More Profitable for Select Firms, Study Shows

by Christopher Lemieuxon May 13, 2014 7:09 am BST
According to ex-Commodity Futures Trading Commission (CFTC) chief economist Andrei Kirilenko, high frequency trading (HFT) firms are dominating the markets, but there are only a select number of firms that are consistently profitable. These HFT firms account for nearly half of all trading volume in many markets, most notably the forex markets of late. Kirilenko led […]