Trading-Gurus.com » HFT

Is QuickFIX/J Broken?

Jim — Tue, 17 Apr 2012 12:20:17 +0000

I've just found myself engaged in an interesting conversation over at LinkedIn concerning the oft posed question that:

There appears to be a high variance for order throughput times [when using] QuickFIX[/J]

The LMAX multilateral trading facility is written 100% in Java, and here's a presentation that I attended last year given by their then chief technology officer Martin Thompson:

Is High Frequency Trading a Force for Good or Evil?

Jim — Sat, 10 Mar 2012 14:34:25 +0000

We've previously discussed a variety of academic and political views on the costs and/or benefits of high frequency trading here on the Trading Gurus blog. If that type of thing is of interest to you as well then you might want to wander over to The Economist, where a "virtual debate" is currently taking place on the topic of "This house believes that high-frequency trading contributes to the overall quality of markets".

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Are High Frequency Traders About to Destroy the City of London?

Jim — Wed, 24 Aug 2011 16:53:29 +0000

My attention has recently been drawn to an academic research paper entitled High Frequency Trading and The New-Market Makers. The author, who is from the VU University in Amsterdam, investigates the connection between high frequency trading and the emergence of new exchanges here in Europe:

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Human Traders are an Endangered Species!

Jim — Fri, 01 Apr 2011 11:16:58 +0000

That prescient title is a quotation from a presentation given by Professor Dave Cliff of the University of Bristol at the Innovation and Algorithmic Trading conference hosted by LMAX at University College London at the end of February. I was sat at the front throughout Dave's talk, and I found myself laughing frequently. Perhaps for that very reason any shots of the back of my head have been left on the cutting room floor in the videos that have just been made available on the LMAX Trader community website. Here's Dave's extremely interesting and even more amusing presentation from that event on the subject of "Robot traders and evolving markets":

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Is a Scalping Ban Next on the Regulators Agenda?

Jim — Tue, 03 Nov 2009 11:48:40 +0000

The BBC reports this morning that Lord Myners, the UK "City minister" and former head of fund manager Gartmore, has his doubts about the development of high-frequency trading (or HFT for short). He told the BBC that:

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