Tag: HFT

HFT

In the FICC of It

There is a packed agenda for Galen Stops’ last In the FICC of It podcast as he and Colin Lambert discuss a busy week in FX markets – especially if you’re in the survey business! After Lambert salutes Refinitiv for its gesture in donating brokerage to the Australian bushfire relief effort and Martin Mead on […]

UK to Probe Sterling Move Ahead of BoE Rate Announcement

Security around the Bank of England’s decision making process is once again in the spotlight after sterling jumped 15 seconds before the latest monetary policy announcement was made. Late last year it was revealed that a company was using an audio feed from the Bank’s press conferences post announcement to give traders an advantage over […]

And Another Thing…

It’s been quite a week in the HFT world with Navinder Sarao escaping jail time for his spoofing activities that the US authorities ridiculously claimed led to the May 2010 flash crash, and the UK’s FCA releasing a report stating that latency arbitrage in UK equity markets adds 17% to the cost of trading or […]

And Finally…

Someone asked me last week what I considered to be the biggest change in the FX industry over the past decade and were somewhat surprised at my response – the influence of the legal profession. I think they were expecting something deep and meaningful but hadn’t realised it’s way too early in the year for […]

In the FICC of It

P&L’s managing editor Colin Lambert and editor Galen Stops are joined by guest podcasters John Crouch and Brandon Primack to discuss the hot topics from the first day at Forex Network Chicago for this In the FICC of It special. The podcast looks at how platforms seek to build a better liquidity landscape through the […]

FX and the Big Bang Theory

As electronic trading went mainstream, it created an explosion of growth in the market. But has this growth run out of steam? Galen Stops takes a look. The Big Bang Theory – in addition to being a popular American sitcom – is a well-known scientific thesis that posits the universe started with a small singularity […]

And Finally…

Are we undergoing a sea change in the FX trading landscape? I suspect we are but the direction in which change is heading will be familiar to those of a certain generation. Over the past few months I have had many conversations with FX traders about market conditions and while there is a fair bit […]

And Finally…

Have we finally hit the wall in terms of our willingness, as a broad financial markets industry, to accept the continued race to cut a few microseconds off the speed of trading? I suspect we may have, for as P&L editor Galen Stops’ articles on speed bumps in the listed derivative world have highlighted, this […]

Trading Firms Cry “Last Look” in the Futures Market

As a futures exchange proposes a new speed bump mechanism, a number of market participants are coming out in opposition to it. Some of the arguments they’re making will sound familiar to those in the FX markets, says Galen Stops. On February 1 the Intercontinental Exchange (ICE) put the cat amongst the proverbial pigeons by […]

Exablaze and Algo-Logic Link Up

FPGA-based application provider Exablaze has announced a partnership with Algo-Logic Systems, a Gateware Defined Networking (GDN) provider. Both firms service financial institution clients in trading and HFT, which include investment banks and exchanges trading multiple asset classes. The two firms say they share expertise in delivering advanced, ultra-low latency, deterministic solutions to financial markets and that […]