Definitions, Market Structure Dominate HFT Debate at BST North America

hft-panel-bst-2014

The debate, with Allston Trading's Raj Mahajan and Nobilis Capital's Chris Bartlett defending HFT practices, and Josh Levy of Tactical Asset Management arguing the reverse, stemmed primarily from two issues.

The first was around agreeing on a precise definition of "frontrunning," and whether under that definition, the practice should be seen as predatory or even illegal. "To me, any order that's being made simply to take advantage of another order that you know is taking place—that's frontrunnin

To continue reading...

You need to sign in to use this feature. If you don’t have a WatersTechnology account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: