3 ms·
I'm a HFT quant trader and HFT is not purely latency driven. You don't want to be slow, but most firms are increasingly perusing longer and longer term strategi
by smabie 6y ago
I'm a HFT quant trader and HFT is not purely latency driven. You don't want to be slow, but most firms are increasingly perusing longer and longer term strategies that aren't as latency sensitive. Pure risk free latency arb isn't really a profit center anymore. The speed wars are pretty much over.
The industry has consolidated and any player that didn't adapt to the new, more cerebral game is dead.
- tijsvd 6y ago> The speed wars are pretty much over. The industry has consolidated and any player that didn't adapt to the new, more cerebral game is dead. Except for the one that won the speed war, and keeps investing massively to remain 10ns ahead.
- smabie 6y agoNo one "won" the speed wars: the top firms are all competitive with each other and have a gentleman's agreement against spending billions more for nanosecond gains.