High-Frequency Trading Webcast
CLICK HERE to listen to the archived webcast
Depending on which source you consult, high-frequency trading (HFT) operations account for as much as 60-65 percent of US equity volumes, illustrating the extent to which buy-side and sell-side firms use this "no-touch" strategy for much of their bread and butter. But the HFT market is not without its challenges and controversies, especially when it comes to what many perceive to be the introduction of systemic risk - heightened by the May 6, 2010 Flash Crash - and also the possibility of certain firms possessing an unfair advantage over their competitors due to technology and operational initiatives. But many believe that HFT has been given an unnecessarily bad rap and that its advantages far outweigh its drawbacks.
• What are the essential ingredients that need to be present for an HFT environment/trading operation to be effective?
• What technology and operational initiatives can buy-side and sell-side firms implement to get ahead of the HFT game?
• In an HFT environment, how do firms go about managing risk, especially deal-time or even pre-trade risk?
• What off-the-shelf technologies can IT departments at HFT firms harness to optimize their HFT environments?
• What are the advantages and disadvantages of opting to develop an in-house and therefore proprietary HFT trading environment?
• Does the "in-house" option make sense in such a tough operating environment, or does that depend on firms' individual attributes?
• What are the typical pitfalls that market participants need to consider when designing and implementing an HFT environment?
• Are we likely to see the introduction of regulations restricting latency to a certain level in the interest of promoting a more equitable HFT trading landscape?
Speakers:
- Tim Cox, Director, Global Execution Services, BANK OF AMERICA MERRILL LYNCH
- Mehmet Yanilmaz, Partner, MYRA TRADING
- Wolfgang Eholzer, Head of Trading System Design, EUREX
- Gil Tene, CTO and Co-Founder, AZUL SYSTEMS
- Moderator: Anthony Malakian, US Editor, WATERSTECHNOLOGY
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
Nasdaq to market new options strike listing tech to other exchanges
The exchange operator is experimenting with emerging technologies to determine which options strike prices belong in a crowded market, with hopes to sell the tech to its peers.
The IMD Wrap: Talk about ‘live’ data, NAFIS 2024 is here
This year’s North American Financial Information Summit takes place this week, with an expanded agenda. Max highlights some of the must-attend sessions and new topics. But first, a history lesson...
MarketAxess builds strategy around X-Pro
MarketAxess profits were down in Q1, but revenues were up and automation volume hit a record $94 billion.
Canada’s triparty repo launch aims to fill C$60bn void
Test trades on TMX/Clearstream platform represent “quantum leap” for creaking funding markets.
People Moves: NorQuant, Tradition, Duco, HKEx, SimCorp, Hazeltree, Xceptor, Broadridge, and more
A look at the past month’s people moves in the capital markets technology and data space.
Bank-led consortium takes aim at position reporting
Five banks, including Barclays, BNP Paribas, Goldman Sachs and HSBC, have joined forces to mitigate interpretation and implementation errors in position reporting disclosures.
This Week: BBH, AllianceBernstein add data solutions, Deutsche Börse-Nodal Exchange, and more
A summary of some of the latest financial technology news.
Consortium backs BGC’s effort to challenge CME
Banks and market makers—including BofA, Citi, Goldman, Jump and Tower—will have a 26% stake in FMX.
Most read
- Waters Wavelength Podcast: Bloomberg’s Tony McManus
- Waters Wavelength Podcast: S&P’s CTO on AI, data, and the future of datacenters
- IMD & IRD Awards 2024: All the winners