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Ironically, it seems the HFT's have started eating their own lunch too [0] > Overall, HFT firms’ revenues in the US have slumped from about USD 7.2 bn in 2009
by nstj 10y ago
Ironically, it seems the HFT's have started eating their own lunch too [0]
> Overall, HFT firms’ revenues in the US have slumped from about USD 7.2 bn in 2009 to USD 1.3 bn in 2014 (see chart 3)
[0]: https://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD0000000000406105/High-frequency_trading%3A_Reaching_the_limits.pdf https://www.dbresearch.com/PROD/DBR_INTERNET_EN-PROD/PROD000...
- stevenmays 10y agoYeah it's a race to the bottom. All HFTs are competing with each other now for yield so profit declines.