Forbes reported that, a dark vulture hovers over markets, ready to swoop down and cause major damage to your portfolio. I’m speaking of high-frequency trading, or HFT, as it’s called. Dozens of firms, made up of scientists, information technology developers and math whizzes, have armed themselves with the fastest computers and most sophisticated algorithms out there. HFT firms execute orders with stunning speed, often as fast as four milliseconds. While they represent only about 2% of the 20,000 operating brokerage firms, they account for nearly two-thirds of all volume on the New York Stock Exchange and some other bourses.
Top High Frequency Trading Event
- How Boards of Directors and CXOs Can Address Today’s Information Security Challenges at Cybersecurity Boardroom Workshop 2015
- Michael Lewis is wrong, says Knightmare on Wall Street’s Edgar Perez: Markets are not any more ‘RIGGED’ than before
- High Frequency Trading: Clear and Present Danger?
- Brokerage offers platform for high frequency traders
- RBC: offers explanation for apparent decline in high-frequency trading