The human response time, on average, is about 215 milliseconds to register stimuli. That becomes the primary limiting factor in terms of how fast a person can manually trade on Velocity 2.0, Citi's high-speed foreign exchange (FX) trading platform.
Citi’s current high-frequency trading and information platform, version 1.9, has been around for 18 months, and the bank began working on Velocity 2.0 a year ago, according to Anil Prasad, global head of FX and local markets. “This is not the same as
Anthony and James talk about how regulators in the US are falling behind other nations' regulators, the lack of talk about Reg AT, and an SRO for cryptocurrencies.Subscribe to Weekly Wrap emails