Thread Rating:
  • 0 Vote(s) - 0 Average
  • 1
  • 2
  • 3
  • 4
  • 5
SGX plans to start high frequency trading program.

Attached Files
.pdf   SGX by JPM 3 August 2011.pdf (Size: 769.02 KB / Downloads: 19)
you can refer to the latest result briefing materials:$file/4QFY2011_Results_Briefing.pdf?openelement

Hidden in page 24 is the information that there is a sharp increase of 61 co-location server racks just over the last 3 months. Looks like really going full force into HFT. Willl there remain a livelihood for human traders?
I read about Goldman's HFT before. Seems like the system is built for these investments banks to profit at the expense of others. Reason being, when the software spots a buying pattern, it will quickly place a bid to outbid the potential buyer, then later sell it to him at a higher price.

Don't really understand why such system is allowed to operate. Does it help to make the market more efficient?

Forum Jump:

Users browsing this thread: 1 Guest(s)