HFT Financial Trading Industry News, Articles & Insight
- Rural England says no to Shard-sized radio masts
1st February 2017 - An application by Vigilant Global and New Line Networks to build communications towers to speed up trading between London and Frankfurt has been rejected by Dover District Council.
- JPX to register and monitor high frequency traders
5th December 2016 - May I see your license and registration please?
- SEC supports pension funds in dispute with exchanges over HFT
30th November 2016 - The SEC has told an important court that exchanges should not be exempt from investor lawsuits that allege that the exchanges privileged HFT firms.
- Horizon and Neo announce partnership
24th November 2016 - Horizon's HFT Platform for Automated Trading to be available through NPG's Trading-Atrium.
- Teza Technologies to withdraw from prop trading arena
10th November 2016 - Firm wants to transform into hedge fund.
- Nav Sarao pleads guilty in US court to spoofing charges
10th November 2016 - Six-years plus jail sentence expected.
- Corvil: Rethinking Speed in Financial Markets, Part 4 - The Need for Machine-Time Data
8th September 2016 - A big part of the human concern over high-speed trading is born from the fact that we can't easily or precisely see what the machines are doing - it's all a blur. But the root problem is not speed. It is time. This is the final instalment in a four-part blog series by Donal Byrne, CEO of Corvil which explores the new role of speed in modern market structurel.
- New trading system for 'high frequency mums and dads'
3rd June 2016 - Dion Global launches TCPro for Australian retail investors.
- India considering clamp-down on high-frequency trading
5th May 2016 - Aftershocks of the scandal relating to preferential treatment of high-frequency trading firms in India are being felt as regulators consider what rules to put in place.
- Hillary Clinton HFT tax proposal - reaction from ParFX
9th October 2015 - This week, US Democratic Presidential candidate Hillary Clinton proposed an idea of taxing high frequency transactions with excessive order cancellations that are deemed to enable abusive trading or could threaten to destabilise financial markets. In response, Dan Marcus, CEO of ParFX, the trading platform launched by 14 global banks specifically to combat disruptive trading behaviour, outlines his view on how regulatory authorities can tackle this issue.
- Impact of HFT on market quality and adverse selection - CFA
29th September 2015 - New CFA Institute study finds trading costs remain historically low but homogeneous liquidity is a problem; cautions against increasing tick sizes.
- Dutch pride: a trading nation weighs its options
25th September 2015 - It's hardly surprising that technologically advanced trading took off in one of the world's first modern economies. A historic spirit of industrial entrepreneurialism and merchant capitalism, backed by a sophisticated financial sector means that the Netherlands is home to pioneering trading firms that have a long reach into global markets. But it's not all budding tulips. Observers of incoming European legislation warn that smaller players could be left behind as a consequence of regulation.
- Going with the flow
23rd September 2015 - Flow Traders is one of the Netherlands' major success stories, with a valuation of some Eur1.5 billion after its IPO earlier this year. Automated Trader talks to co-CEOs Dennis Dijkstra and Sjoerd Rietberg about being a global ETP liquidity provider with a Dutch home base, and life since the IPO.
- xCelor launches the XPM3 switch
15th September 2015 - xCelor's XPM3 removes the traditional switch from the tick-to-trade path, saves around 1µs in latency and offers extreme determinism.
- Fidessa blog: BATS auctions off the block problem
9th September 2015 - Fidessa's Steve Grob looks at BATS' Periodic Auction Books, crediting its imaginative approach.
- BCS appoints director of Prime Brokerage Sales
8th September 2015 - BCS Global Markets appoints Adam Wood as director Prime Brokerage Sales.
- SMARTS brings down HFT spoofers - CMCRC
2nd September 2015 - Australian technology and analysis has been used to crack a case involving traders using high frequency strategies to manipulate markets in Europe and the UK.
- HFT risks go down as US lawsuits dismissed - Dechert
31st August 2015 - With dismissal of another set of major high frequency trading suits, litigation risk from providing fast data and other services to high frequency traders fades, write Dechert's Kathleen Massey, partner, and Jeffrey Benner, associate.
- Fidessa - What you see is not what you get: the challenge of truly 'smart' order routing
26th August 2015 - Will Winzor-Saile, Electronic Execution Product specialist at Fidessa, highlights the challenges of achieving 'truly' smart order routing in a marketplace where things are rarely what they seem.
- FIA EPTA - Further evidence that new rules could threaten market liquidity in Europe
24th August 2015 - Preliminary research report from the Toulouse School of Economics raises concerns over the impact impending regulations could have on market liquidity.
- Alize Trading selects Horizon platform
3rd August 2015 - Alize Trading goes live with Horizon for prop algo trading.
- HFT firms face MiFID II trial - JWG Group
14th July 2015 - In light of the continuing desire from regulators to impose tighter controls on electronic trading techniques, JWG Group reports on what challenges market participants are facing from a MiFID II perspective and what legal and market experts have to say on this topic.
- India Rising
3rd July 2015 - While high frequency trading levels in Europe and US seem to have plateaued, the converse is true for developing markets. At the same time, there is a shift in priorities, namely that it is no longer simply about scraping off microseconds. And while India's economy, along with investment interest, seems set for growth, its markets are adapting and preparing. Anna Reitman and Priyanjana Bengani report.
- Modern Markets Initiative names Jim Gorman director of communications
16th June 2015 - Jim Gorman joins Modern Markets Initiative from BATS Global Markets.
- Policing digital highways: smiling at the local algo camera - JWG Group blog
3rd June 2015 - JWG analysis - Given the 5 year latency between flash crash and recent arrest, John Bates wondered whether the regulators were riding bicycles to try and catch up with the sporty cars driven by the Flash Boys, the high-frequency traders.
- #GDTRM15: Flash crash trader case proves gaps in surveillance - CFTC
21st May 2015 - CFTC commissioner Mark Wetjen says chronic underfunding has led to inadequate surveillance and proposes partnering with exchanges. Peter Barker reports from the Global Derivatives Trading and Risk Management conference.
- #GDTRM15: Remarks by CFTC commissioner Mark Wetjen
21st May 2015 - Applying the Insights of Joseph de la Vega's Confusion de Confusiones to Today's Derivatives Markets - a Case for More Transparency
- Set exchanges free from Rule 611 Bodek and Kovac tell SEC
11th May 2015 - Haim Bodek and Peter Kovac join forces, recommending the SEC update a controversial rule and put brokers at the heart of best execution.
- Themis Trading blog: Three levels of failure in detecting Sarao's spoofing activities
23rd April 2015 - Themis Trading details the three layers of regulation that were each at fault for failing to detect Navinder Singh Sarao's spoofing activity. His Futures Commission Merchant, the CME and the CFTC all either had or should have had sufficient data to do something about it. None did, either because they ignored red flags or had faulty data.
- Study clears traders failing to deliver for collapse of Lehman Brothers in financial crash
22nd April 2015 - Traders who 'failed to deliver' on stock market trades during the 2007-08 financial crash have been cleared of causing the collapse of major financial firms such as AIG, Lehman Brothers and Bear Stearns, according to a new study.