HFT Profits Down as Concerns Grow

Neil Katkov, Celent

Katkov said that in order to have a mature market, HFT and dark pools are necessary, as they are evolutionary practices that bring new, sophisticated trading tools into a marketplace. But he acknowledged HFT’s inherent flaws. He explained how the HFT environment has unfolded in the US, and identified where Japan can make advancements if it wants to compete with the US in the HFT and dark pools. According to the World Federation of Exchanges, the market share of high-frequency trading f