4 ms·
Stay away from HFT, big players will eat your lunch. HFT isn't even a game of milliseconds anymore, it's a game of microseconds. You can still do well with al
by dhyasama 16y ago
Stay away from HFT, big players will eat your lunch. HFT isn't even a game of milliseconds anymore, it's a game of microseconds. You can still do well with algorithmic trading where speed of execution isn't an issue. Work on your strategy, test it on historical data, execute it manually, if it works then automate part or all of it.
- larsberg 16y agoYup. NASDAQ will even tell you what the current latencies are for their coloc: http://www.nasdaqtrader.com/trader.aspx?id=inet http://www.nasdaqtrader.com/trader.aspx?id=inet Microseconds indeed. Alternatively, you might consider going overseas if you aren't prepared to pay coloc fees and do custom FPGA or realtime work. Some of the exchanges, particularly in Asia (except Japan) still have clearing times measured in seconds.
- pbhjpbhj 16y agoWhy doesn't government step in and quantise trading terms to be a whole day (or similar time)? It seems wrong to me that with potentially equal performance two traders can get different returns based on the microsecond difference in their latency between their server and the exchanges central server. Does anyone still by the whole line about exchanges being their to create fluidity in the market. It all seems a big scam, the more I learn about it the less I feel the highest returns go to those who perform the greatest scams fleecing off value created elsewhere (manufacturing, services, ..).