Trading in picoseconds is pure madness

[CityFarmer]

It seems that HFT is popular in ASX, but non-existence in SGX, at least for the time being.

Based on a statement in the link, "HFT had made the equity market a ‘rigged casino’", so can we safely conclude that ASX is more casino-like than SGX now?

https://www.fool.com.au/2014/04/10/will-...y-trading/

Hi CF,

I think you are mistaken... badly mistaken... algo trading is also part of HFT and they are ever present on global markets. 

If you think that HFT, ETFs and recent volatility are not interlinked, your views are being too narrow.

The main reason on why I m so hard on this topic is that I used to be a day trader and my feel with regards to the trading patterns on global exchanges are not merely limited to my reading but also my conversations with mkt participants.

SGX's ignorant on several issues raised by my buddies remaining in the industry is a SGX structural problem. While their denial over several issues raised are their arrogance IMHO, not admitting doesn't mean non-existence of problems or practices...

GG

Hi GG,

We have different definition of HFT, but I am pretty sure I am having the same definition with the articles posted. We have similar topic in the past, and I have posted my view on the matter.

HFT is part of algo trading, but not the other round. I will be very amazed, if a trader who have done simple algo trading, calling himself HFT trader. 

Not admitting might mean non-existence, right? I am surprised your persistence on the matter, since the "HFT existence" isn't hard to verify, especially by market player. I reckon it is the confusion on the definition, between algo trading and HFT

I am against the HFT, because of unfair competition. I am supporting of algo-trading, because of fair and more productive means of doing the same job.

May be this should be the last post on the matter.