"High Frequency Minutes": HFT Explained In 6 Short Video Clips

Tyler Durden's picture

After over two years of over 200 posts discussing the dangers of High Frequency Trading on Zero Hedge, the mainstream media (and its comedy-finance fusion Comcast offshoot) has finally made its goal in life to destroy HFT. The only reason for that, of course, is that HFT, by definition, tends to accentuate moves. And while it did so to the upside, nobody but Zero Hedge and a very few other blogs, most notably Themis Trading, cared (and a whole lot of other "experts" ridiculed our views of HFT as liquidity extracting, because yes they are, rebate chasing, sub penny frontrunning parasites). Now that the tables have turned, everyone, up to and including that caricature Jim Cramer can't get enough of bashing it. Which is why for anyone still relatively new, and thus unjaded, to the topic, we present this informative and succinct six-part videoclip series just released by Securities Technology Monitor titled "High Frequency Minutes" discussing all the latest paradigms in the world of modern cutthroat, nanosecond trading.

HIGH-FREQUENCY MINUTES: Do Microseconds Matter?

Why trading that occurs in microseconds should not matter to Aunt Minnie in Lenexa, Kansas.

Securities Technology Monitor editor-in-chief Tom Steinert-Threlkeld is interviewed by Peter Fednysnky, New York correspondent for the Voice of America.


 

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HIGH-FREQUENCY MINUTES: How Microseconds Matter

What is a millisecond? Why does it matter? Particularly, when what really counts is the microsecond -- and a distance of 20 miles could mean your exchange is in the wrong place.
 
Securities Technology Monitor editor-in-chief Tom Steinert-Threlkeld is interviewed by Peter Fednysnky, New York correspondent for the Voice of America.


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HIGH-FREQUENCY MINUTES: The Hidden Story of High-Speed Trading

It takes no time to create a trade. But three days to settle it.  Securities Technology Monitor editor-in-chief Tom Steinert-Threlkeld is interviewed by Peter Fednysnky, New York correspondent for the Voice of America.

 

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HIGH-FREQUENCY MINUTES: Preventing the Runaway Algorithm

Why a runaway algorithm that wreaks havoc on volatile markets may be inevitable -- and whether algorithms should be tested before put in use. Securities Technology Monitor editor-in-chief Tom Steinert-Threlkeld is interviewed by Peter Fednysnky, New York correspondent for the Voice of America.

 
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HIGH-FREQUENCY MINUTES: High-Speed Regulation

The sooner the SEC gets on with instituting a system for monitoring all trading at the same speed that it takes place, the better. Securities Technology Monitor editor-in-chief Tom Steinert-Threlkeld is interviewed by Peter Fedysnky, New York correspondent for the Voice of America.


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HIGH-FREQUENCY MINUTES: The Next Second

This final segment of this six-part series looks at how algorithmic trading is about making a profit in the next second. Not the long haul. What is the implication? Securities Technology Monitor editor-in-chief Tom Steinert-Threlkeld is interviewed by Peter Fedysnky, New York
correspondent for the Voice of America.


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