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
4. Downward Pressure
Eladian's failure demonstrates how difficult it is for market-making firms to prosper in current market conditions.
-- Douglas Cifu, president of HFT player Virtu Financial
Source: NY Times Dealbook: High Speed Trading Executives Shut Firm
