Remco Lenterman is a prominent figure in the world of high frequency trading (HFT). Currently the managing director of Dutch high frequency trading firm IMC, Lenterman also serves as the chairman of the European Principal Traders Association (EPTA). Founded in 2011, the EPTA is a high frequency trading lobby group representing trading firms.
Through his work with the EPTA Lenterman has established himself as a premier defender of high frequency trading. A notable argument among the many he’s made in support of HFT is that academic research has found that there are merits to HFT participation in financial markets. Lenterman also notes that high frequency trading has helped to reduce transaction costs for intermediaries, thus allowing these intermediaries to pass on the savings from these cost reductions to end users in the form of larger retirement accounts and pension payments.
Look for Lenterman to maintain a strong voice in representing HFT firms in Europe. With a swell of support for increased regulation of HFT and continued sluggish global economic performance it is clear that the debate over the merits of high frequency trading is far from over.