High-frequency trading shops are having a difficult time in the current marketplace, as trading volumes remain extremely low. This week, Eladian closed its doors due to the weak market. Who will be next?
October 19, 2012
1. Not As Easy As It Looks
There was this mythology that you could get 90 computers, some Harvard Ph.D.'s and you would turn on your machines and make money. It's just not the case.
-- Douglas Cifu, president of HFT player Virtu Financial
Source: New York Times: High Speed Trading No Longer Hurtling Forward
