3 ms·
HFT is not profitable. Its completely commoditized.
by mikert5671 8y ago
HFT is not profitable. Its completely commoditized.
- dasil003 8y agoI would think commoditization of HFT is impossible by definition due to the fundamentally competitive zero-sum nature of securities markets.
- mikert5671 8y agogreat! do you work in finance? Are you aware of how costly it is to advance speed in HFT and how that eats away the profits you get from the advance in speed? Have you looked at virtu financials stock? Do you know anything at all about the field?
- dasil003 8y agoYou already know the answer to that based on your cocky response. It still would help those of us less enlightened than you to understand how something as specialized as HFT can be commoditized. The simplest CRUD apps that any Bootcamp graduate can produce are not commoditized even though hundreds of thousands or even millions of people can build them.