2 ms·
Also, HFT firms are more latency sensitive than iamchris4life[0]. No way in hell they're going to throw all their finance data through an autoregressive transfo
by kmeisthax 2y ago
Also, HFT firms are more latency sensitive than iamchris4life[0]. No way in hell they're going to throw all their finance data through an autoregressive transformer model and an HTTP API when they're already spending $$$ on FPGAs to run their algorithms a few milliseconds faster.
[0] Top-level US DanceDanceRevolution player.
- rfoo 2y agoBut not everyone in the algorithmic trading game plays this "HFT firms running algorithm on FPGAs for tens / a few hundred nanoseconds advantage". For med frequency the compute budget is enough.
- bostik 2y agoHFT firms have been using ML and AI for years. They simply called those things with a different name: statistics. The result models are then fast enough for them to make trading decisions in less than a microsecond.