HFT's Delicate Balance

Last month, Waters hosted a high-frequency trading (HFT) webcast that addressed a number of central themes associated with this often misunderstood and therefore maligned trading strategy. Yet, as controversial as HFT continues to be, regardless of the market, geography, and, in certain instances, the asset class, it still constitutes a significant portion of a large number of buy-side and sell-side firms’ order flow.

Panelists included Tim Cox, director, global execution services, Bank of

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