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--- high_frequency_trading [2010-08-13 14:25] – 83.101.5.51
+++ high_frequency_trading [2010-11-13 08:33] – 87.210.211.132
@@ Line 16: / Line 16: @@
-On the appearance of strange bots in algotrade:
+=== On the appearance of strange bots in HFT ===
 <blockquote>
 But the algorithms we see at work here are different. They don't serve any function in the market. University of Pennsylvania finance professor, Michael Kearns, a specialist in algorithmic trading, called the patterns "curious," and noted that it wasn't immediately apparent what such order placement strategies might do.
@@ Line 25: / Line 25: @@
 --from [[http://www.theatlantic.com/science/archive/2010/08/market-data-firm-spots-the-tracks-of-bizarre-robot-traders/60829/|Market Data Firm Spots the Tracks of Bizarre Robot Traders]] article by Alexis Madrigal.
 </blockquote>
+   * [[http://www.zerohedge.com/article/how-hft-quote-stuffing-caused-market-crash-may-6-and-threatens-destroy-entire-market-any-mom|The May 6th 'Flash Crash']]
+   * [[http://www.zerohedge.com/article/its-not-market-its-hft-crop-circle-crime-scene-further-evidence-quote-stuffing-manipulation-|"It's Not A Market, It's An HFT 'Crop Circle' Crime Scene"]]
+   * http://www.nanex.net/FlashCrash/CCircleDay.html
+=== Accidental Art ===
+{{http://www.nanex.net/FlashCrash/CropCircles/BKF_080310.png}}
+=== Lightspeed not fast enough. ===
+<blockquote>
+The latency disadvantage of globally distributed markets can't be entirely erased by technology, but the comparative lag times for international stock trades in general can be lessened by employing intermediate trading points. Alex Wissner-Gross, a physicist at the MIT Media Laboratory and Cameron Freer, a mathematician now at the University of Hawaii, propose to blanket the world with computer stations positioned along the paths between all of the major stock markets.\\
+\\
+Securities trading companies could put semiautonomous computers at these strategic crossroads. Programmed with sophisticated buying and selling instructions these computers would act much more promptly to price signals coming from remote markets than if the signals had to travel all the way to the home office.\\
+--from  [[http://www.physorg.com/news/2010-11-relativistic-isnt-fast-transactions.html|Relativistic trading: The speed of light isn't fast enough for some market transactions]]
+</blockquote>
+---
+[[category economics]]