Tag: high frequency trading

Tweaking FPGAs for Better Trading

SEFs Pending HFT Pains

Okay, this post’s title is a little misleading. I doubt that any trader would to apply the standard high-frequency trading strategy, which constantly pennies orders throughout the day but does not leave any open positions at the end of the day, when it comes to over-the-counter (OTC) swaps trading. What has garnered my attention is…

Market Structure Documentary Comes to the Silver Screen

Tired of explaining to friends and family that  many of Wall Street’s latest fiascos aren’t due to conspiracies but to technology? Wait a few more months and take them to see the market structure documentary that Arbitrage Pictures plans to release next Spring. The movie, Ghost Exchange, examines what happens what happens when trading speeds and complexity outpace regulatory…

You May Be a High Frequency Trader If…

Earlier this week, one of the Technology Advisory Committee (TAC) working committees presented the US Commodities Futures Trading Commission (CFTC) a proposed four-point definition of high-frequency trading. It’s important to remember that this definition is nothing more than a recommendation to the CFTC. As CFTC Commissioner Scott O’Malia stated publicly in the past, the working…

Zeptonics Splits Switch in Half to Lower Latency

Although most of my discussions during this week’s SIFMA Tech Leadership Forum and Expo center around middle- and back-office operations, I had a quick meeting with Australian network equipment provider Zeptonics, which announced the second its 50-port low-latency Layer-1 ZeptoLink networking device, which can be paired with its 24-port 10 Gbps Ethernet layer-2 ZeptoMux multiplexing switch…