Re:Banning Some HFT Strategies Helped This Market Grow: Chart
by randomname2 on Tuesday March 08, 2016 @10:15AM
(#11245676)
The article argues it doubled its share of public European stock trading since Feb. 8, when it banned what it considers a problematic high-frequency-trading strategy, just wanting to limit proprietary traders to passively providing price quotes, i.e. banning HFT firms which are parasitic orderflow frontrunners not market makers, and take zero risk which is about 99% of them.
It quotes Doug Cifu, the head of the largest HFT firm in the world.
I don't know much about Aquis strategy for growing their exchange but if its anything like the aequitas exchange that has just opened in Canada then they get inflated numbers by begin the exchange off record where some banks get paid to report their large block trades.