5 ms·
>biggest low latency trading shops RenTec always made money from superior quant analytics. Like almost everyone else in quant business, they used high volume,
by osipov 17y ago
>biggest low latency trading shops
RenTec always made money from superior quant analytics. Like almost everyone else in quant business, they used high volume, low latency trading, so it wasn't a differentiating factor. Hence I doubt SEC would have grounds to go after them on low latency or more specifically on front running orders using low latency capabilities.
- SkyMarshal 17y agoIt may just be, as one of the Zerohedge commenters mentioned, that Jim isn't about to be investigtated, he just sees the writing on the wall - SEC under political pressure to curtail HFT, which has been his bread and butter - so he's getting out at the top of the game and moving on to something else.