3 ms·
No, that is how you think about high frequency trades. Lots of trades in a small amount of time, with a tiny positive expectancy.
by cheez 7y ago
No, that is how you think about high frequency trades. Lots of trades in a small amount of time, with a tiny positive expectancy.
- smabie 7y agohttps://www.reuters.com/article/2014/11/13/us-markets-virtu-idUSKCN0IX2N820141113 https://www.reuters.com/article/2014/11/13/us-markets-virtu-... So Virtu profits on 51-52% of its trades. The type of math you are describing does not make any sense. Unless Virtu is significantly different from every other HFT firm, your idea of high asymmetry of profit and losses is not true.
- cheez 7y agoI meant about how you make 0.00001 per trade is possible. I just didn't want to figure out the 50-51% of trades numbers.