4 ms·
Very interesting, so does that mean all those HFT programs managed to make/lose money or pretty much break even?
by spif 16y ago
Very interesting, so does that mean all those HFT programs managed to make/lose money or pretty much break even?
- alttab 16y agoI interviewed at a HFT once - and one of the things that stuck out to me was that one of the guys there said "its doesn't matter which direction the market moves, just that it moves." HFT computers identify "direct arbitrage," and make a profit off of someone else's loss.
- joe-mccann 16y agoThey make a ton of money on rebates: http://www.nasdaqtrader.com/TraderNews.aspx?id=ETA2009-47 http://www.nasdaqtrader.com/TraderNews.aspx?id=ETA2009-47