Tag Archives: jump trading

The Wall Street Journal: Deutsche Börse’s News Service for Traders Draws Scrutiny of Investigators

Brody Mullins and Scott Patterson report for The Wall Street Journal that several times a month, the Labor Department invites news reporters to a sealed room for an early look at soon-to-be-released reports such as the unemployment rate. One organization … Continue reading

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Chicago HFT hires BofA Merrill traders

Tim Cave from Financial News reports that Antoine Micallef, Steven Busuttil, Christopher Smith and Sebastian Quecke joined Jump Trading’s London office this month, according to two sources familiar with the situation. They were all part of Bank of America Merrill … Continue reading

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Life After the “Flash Crash”: Book Excerpt from The Speed Traders, by Edgar Perez

After May 6, 2010, an abundance of unanswered questions remained as the entire financial world sought to find a reasonable explanation for the events that befell the market. Who or what was the culprit? Why did markets spin out of … Continue reading

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Book Review: The Speed Traders An Enlightening Book: Perez Illuminates the World of Speed

“Alternating between an annotated timeline of the development of high-frequency trading and interviews with top high-frequency traders, Perez illuminates the world of speed.” That is how Seeking Alpha’s Brenda Jubin starts her review of The Speed Traders, An Insider’s Look … Continue reading

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High-Speed Traders Dive Into Foreign Exchange Despite Doubts

The Wall Street Journal’s Neil Shah reported about a little-known firm called Timber Hill LLC trying to grab a bigger share of the world’s foreign-exchange trading business. Timber Hill’s head of foreign-exchange trading, 28-year-old Matt Lauria, hopes to challenge Wall … Continue reading

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Why Market Microstructure Matters in High-Frequency Trading

Market microstructure deals with the trading of financial assets and the evolution of asset prices by taking into account of transaction costs, incomplete information, and heterogeneous expectations. The study of market microstructure requires transaction level data (intraday) that allows examination … Continue reading

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Northwestern University Researcher Proves that High-Frequency Trading Tends to Improve Market Quality

Jonathan Brogaard, a Ph.D. candidate at Northwestern University’s  Kellogg School of Management, who has studied high-frequency trading in great detail, has concluded that high-frequency trading only makes the markets more efficient. Golden Networking‘s High-Frequency Trading Experts Workshop 2010 (http://www.HFTExpertsWorkshop.com), “Practical … Continue reading

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What It Takes to Get into High-Frequency Trading, Not Much, says Lakeview’s Peter van Kleef

Not much is required to get into high-frequency trading these days, according to Peter van Kleef, Chief Executive Officer of Lakeview Arbitrage, in an interview published by FX Trader Magazine. Mr. van Kleef will be leading High-Frequency Trading Experts Workshop … Continue reading

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Why Warren Buffett Thinks Flash Crash Didn’t Raise Any Fundamental Questions About the Markets

Legendary investor Warren Buffett, the Oracle of Omaha, didn’t seem particularly concerned about the Flash Crash on May 6th. Why this is relevant for high-frequency traders will be debated at High-Frequency Trading Experts Workshop 2010 (http://www.HFTExpertsWorkshop.com), “Practical Implementation of High-Frequency … Continue reading

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Why Paul Tudor Jones is Imploring Regulators to Impose Price Limits?

As reported in the Financial Times, this week, Paul Tudor Jones, the legendary hedge fund manager, delivered a passionate speech to a CME conference in Florida, which argued that the crucial problem bedeviling all markets these days is a lack … Continue reading

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