Post Tagged with: "HFT"

The Wall Street Code

November 24, 2014 8:40 pm0 comments

I just saw this short documentary, The Wall Street Code, on YouTube. It’s a peek inside dark pools and the people behind HFT. “A thriller about a genius algorithm builder who dared to stand up against Wall Street. Haim Bodek, aka The Algo Arms Dealer. From the makers of the much-praised Quants: the Alchemists of Wall Street and Money & Speed: Inside the Black Box. Now the long-awaited final episode of a trilogy in search of the winners and losers of the tech revolution on Wall Street. Could mankind lose control of this increasingly complex system?” Haim Bodek’s website

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High-frequency Trader Pushes Systems To The Edge

October 31, 2013 11:51 am0 comments

Jacob Loveless explains the technical issues when pushing high frequency trading systems to the edge of their capabilities. I am a former high-frequency trader. For a few wonderful years I led a group of brilliant engineers and mathematicians, and together we traded in the electronic marketplaces and pushed systems to the edge of their capability. “HFT (high-frequency trading) systems operate and evolve at astounding speeds. Moore’s law is of little comfort when compared with the exponential increase in market-data rates and the logarithmic decay in demanded latency. As an example, during a period of six months the requirement for a functional trading system went from a “tick-to-trade” latency of 250 microseconds to 50. To put that in perspective, 50 microseconds is the access latency for a modern solid-state drive…read more […]

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