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?
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
Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio