high frequency trading

Hedge Funds

High frequency trading is low impact

The harms done by high frequency traders are outweighed by the benefits of historically low trading costs, a CFA Institute study has shown. Dr Svi Rosov, an analyst in the capital markets policy group at the CFA Institute, analysed trading and quote data from 150 large- and small-cap stocks from the US, UK and France […]
Unintentional

Maverick Series video – Gonski part VI

If the average length of stay by shareholders in the top 200 US companies is 20 minutes, what is the impact of that on long-term investing? Watch David Gonski, chairman of the Future Fund, share his views on high-frequency trading and the economics of investment.
Investment Strategy

Zeptonics to revolutionise securities trading

In the Sydney offices of Zeptonics near Circular Quay, books by the Dalai Lama sit alongside those by Isaac Asimov. Like the famed science-fiction writer, Zeptonics’s staff is dreaming of new technology that will revolutionise trading on Wall Street, hoping it is seamlessly adopted by asset managers, brokers and high-frequency traders. Today Zeptonics unveils its […]
Investment Strategy

ASIC concerned by dark pool, HFT trading

The Australian Securities Investment Commission is concerned that so-called dark pool and high frequency trading may damage price discovery or lead to market crashes. Belinda Gibson, ASIC’s deputy chair, says high frequency trading could lead to abuses and market disruption. High frequency traders use mathematical formulas to trade millions of stocks within seconds to take […]
Investment Strategy

ASX pushes for dark pool trading limit

ASX Group wants only orders of $50,000 or above to be able to be funnelled into so-called dark trading pools and wants companies such as Liquidnet to get a license to operate a dark pool. The operator of the Australian Stock Exchange says such recommendations to the Australian Securities and Investment Commission is still being […]
Investment Strategy

Steve Grob likens HFT to spoon feeding

Steve Grob likens high frequency trading to being spoon fed a meal in a restaurant. The kitchen has to cook each spoonful of food before it can be served but “insists on getting paid before he gives you more food,” says the director of group strategy at Fidessa. “Love it, hate it, HFT is here […]