4 ms·
http://showyou.com/v/y-ItfAKguEdAE/haim-bodek-hft-is-an-artificial-industry-tradetech-2013?u=jhcrater http://showyou.com/v/y-ItfAKguEdAE/haim-bodek-hft-is-an-ar
by hft_throwaway 13y ago
http://showyou.com/v/y-ItfAKguEdAE/haim-bodek-hft-is-an-artificial-industry-tradetech-2013?u=jhcrater http://showyou.com/v/y-ItfAKguEdAE/haim-bodek-hft-is-an-arti... - this possibly?
Take it with a grain of salt. He claims one can just use these order types and be fast to basically print money, but glosses over the important parts like deciding how to price a market, when to add or remove liquidity, etc. When he says things like "HFTs use resting orders as insurance to exit at zero-risk", ask yourself how they make those decisions without having some kind of predictive abilities.