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The criminal complaint states that the trader was using an excel spreadsheet trading product, from a vendor, that was specifically augmented with order types th
by lmg643 11y ago
The criminal complaint states that the trader was using an excel spreadsheet trading product, from a vendor, that was specifically augmented with order types that would automatically place orders for him at price points away from the market.
Does anyone know what vendor he was using to build this product?
- cheatdeath 11y agoProbably something like Stellar (Stellar Trading Systems) or TT (Trading Technologies XTrader).
- cheatdeath 11y agoHe paid a company called Edge (http://edgefinite.com/ http://edgefinite.com/) to extend the functionality of TT (https://www.tradingtechnologies.com/products/trading-analytics/api/xtapi/ https://www.tradingtechnologies.com/products/trading-analyti...). Page 49 of full CFTC document - https://www.dropbox.com/s/ego1blhnylgs7sx/Appendix.pdf https://www.dropbox.com/s/ego1blhnylgs7sx/Appendix.pdf "I asked Edge to design 3 more functions specifically to help try and hide my orders from these people. I do not know if this can be described as HFT, to me it is just giving me the ability to have some extra functions that my base trading software (TT) does not give me..."