Re:High Frequency Trading Strategies
by kasey_junk on Monday June 01, 2015 @03:02PM
(#9641272)
> As I understand some order types were more or less designed to give HFT an edge.
And some order types are more or less designed to give large block traders an edge.
Most of the latency game you read about is not getting to trade, its getting the opportunity to cancel your orders. A common misconception is that HFT groups are acting as middle men. They aren't. They are the counter parties on all the exchanges, they are just updating what they are offering faster than others.
And some order types are more or less designed to give large block traders an edge.
Most of the latency game you read about is not getting to trade, its getting the opportunity to cancel your orders. A common misconception is that HFT groups are acting as middle men. They aren't. They are the counter parties on all the exchanges, they are just updating what they are offering faster than others.