High-Frequency Trading Webcast
CLICK HERE to listen to the archived webcast
Depending on which source you consult, high-frequency trading (HFT) operations account for as much as 60-65 percent of US equity volumes, illustrating the extent to which buy-side and sell-side firms use this "no-touch" strategy for much of their bread and butter. But the HFT market is not without its challenges and controversies, especially when it comes to what many perceive to be the introduction of systemic risk - heightened by the May 6, 2010 Flash Crash - and also the possibility of certain firms possessing an unfair advantage over their competitors due to technology and operational initiatives. But many believe that HFT has been given an unnecessarily bad rap and that its advantages far outweigh its drawbacks.
• What are the essential ingredients that need to be present for an HFT environment/trading operation to be effective?
• What technology and operational initiatives can buy-side and sell-side firms implement to get ahead of the HFT game?
• In an HFT environment, how do firms go about managing risk, especially deal-time or even pre-trade risk?
• What off-the-shelf technologies can IT departments at HFT firms harness to optimize their HFT environments?
• What are the advantages and disadvantages of opting to develop an in-house and therefore proprietary HFT trading environment?
• Does the "in-house" option make sense in such a tough operating environment, or does that depend on firms' individual attributes?
• What are the typical pitfalls that market participants need to consider when designing and implementing an HFT environment?
• Are we likely to see the introduction of regulations restricting latency to a certain level in the interest of promoting a more equitable HFT trading landscape?
Speakers:
- Tim Cox, Director, Global Execution Services, BANK OF AMERICA MERRILL LYNCH
- Mehmet Yanilmaz, Partner, MYRA TRADING
- Wolfgang Eholzer, Head of Trading System Design, EUREX
- Gil Tene, CTO and Co-Founder, AZUL SYSTEMS
- Moderator: Anthony Malakian, US Editor, WATERSTECHNOLOGY
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: http://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
M&A activity, syndicated loans, a new tariff tool, and more
The Waters Cooler: LSEG and LeveL Markets partner for new order type, QuantHouse gets sold to Baha Tech, and Fitch Ratings has a new interactive tool in this week’s news roundup.
Nasdaq, AWS offer cloud exchange in a box for regional venues
The companies will leverage the experience gained from their relationship to provide an expanded range of services, including cloud and AI capabilities, to other market operators.
Bank of America reduces, reuses, and recycles tech for markets division
Voice of the CTO: When it comes to the old build, buy, or borrow debate, Ashok Krishnan and his team are increasingly leaning into repurposing tech that is tried and true.
Crypto exchange EDX takes its tech into its own hands
The crypto exchange and clearinghouse, founded in 2022 by industry heavyweights, has built out its technology to meet the needs of the institutional market. In the process, it has learned important lessons about partnering with vendors, building in-house, and, ultimately, control.
FCA sets up shop in US, asset managers collab, M&A heats up, and more
The Waters Cooler: Nasdaq and Bruce ATS partner for overnight market data, Osttra gets sold to KKR, and the SEC takes on DOGE in this week’s news roundup.
EMS vendors address FX options workflow bottlenecks
Volatility is driving more buy-side interest in automating exercises and allocations.
BNP Paribas explores GenAI for securities services business
The bank recently released a new web app for its client portal to modernize its tech stack.
Treasury selloff challenges back-office systems, datafeeds
FIS and Trading Technologies suffered downtime during peak activity.
