2 ms·
> if the algos were smart Algos aren't smart. Thy automate human reasoning to the extent logically possible. If as a human you don't know how to detect a spoof
by cromka 5y ago
> if the algos were smart
Algos aren't smart. Thy automate human reasoning to the extent logically possible. If as a human you don't know how to detect a spoofed bid, then how do you make algorithm "smarter" than yourself?
- dudeinjapan 5y agoIf the algos aren't smart, then you may wish to rethink trading real money with them. The orderbook imbalance signal is a strong signal, but its not the only one... (Full disclaimer: I worked as an algo quant at a large bank for 5 years. During which time I was constantly hounded by Compliance over supposed "spoofing", which we never did.)