APFIC 2010: Asia Faces Infrastructure Pressures as HFT Takes Off

apfic-2010-hft-and-latency-panel
Dennis Mwansa, Mizuho (moderator); Sanker Narayan, Credit Suisse;Tinku Gupta, Singapore Exchange; Victor Ekong, Citigroup; Peter Tierney, NYSE Technologies

High-frequency trading is quickly becoming prevalent on Asia’s most liquid and high-performance markets, and is already expanding into asset classes beyond cash equities, as both local and international firms seek to capitalize on short-term price fluctuations, according to a panel at last week’s conference in Hong Kong.

“It’s important to differentiate high-frequency traders from algorithmic traders—all HFTs use algos, but not all algo traders are HFTs,” said Peter Tierney, managing director

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Systematic tools gain favor in fixed income

Automation is enabling systematic strategies in fixed income that were previously reserved for equities trading. The tech gap between the two may be closing, but differences remain.

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