This Is What One Half Second of High Speed Trading Looks Like
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This Is What One Half Second of High Speed Trading Looks Like
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Re: This Is What One Half Second of High Speed Trading Looks Like
#2All in the name of "providing liquidity"...
Re: This Is What One Half Second of High Speed Trading Looks Like
#3>You already have welcomed your robot overlords, and they’re building our financial system.
Enough said.
Re: This Is What One Half Second of High Speed Trading Looks Like
#4All in the name of "providing liquidity"...
As someone who's not too familiar with economics, how is HFT supposed to be good for the economy?
Re: This Is What One Half Second of High Speed Trading Looks Like
#5And the exchanges are making a killing off of this volume. You can thank the SEC and FINRA for this.
Re: This Is What One Half Second of High Speed Trading Looks Like
#6If there was a similar video showing all of the electronic sensors of a modern airliner flowing into the central flight control computer would it would engender the same sort of trepidation about air travel? Should we be afraid of something just because it's "complicated" to someone unfamiliar with the state of the art?
There are a lot of valid criticisms you can make about modern financial markets, but claiming that we are using computers to do things better than we did 10 years ago is a bad thing isn't something I'd expect to see here on HN.
Re: This Is What One Half Second of High Speed Trading Looks Like
#7All comments so far are negative, but I fail to see how this video shows anything other than incredible engineering.
The negativity seems to be a result of previous bias.
Re: This Is What One Half Second of High Speed Trading Looks Like
#8All in the name of "providing liquidity"...
As someone who's not too familiar with economics, how is HFT supposed to be good for the economy?
If you want to buy/sell at a price, and there's no one ready to sell/buy at that price, a speculator (of any stripe) coming in and making that deal with you means you got the price you asked for. Maybe you could have got better - that's what the speculator is hoping - but you're no longer taking that risk. Statistically, the money going to the trader is similar to an insurance premium then.
That's all "in principle" - whether the details work out right is a much deeper question.
Re: This Is What One Half Second of High Speed Trading Looks Like
#9All comments so far are negative, but I fail to see how this video shows anything other than incredible engineering. The negativity seems to be a result of previous bias.
I cannot see a downside to improved networking infrastructure...and an eager market for advances.
Re: This Is What One Half Second of High Speed Trading Looks Like
#10It seems that the counter at the bottom counts all updates, and ends up at 2380, so the overall rate would be something like 4760/second, or 17M/hour. Note that the rate has slowed down considerably before .25 seconds have passed, and this was recorded within 10 minutes after NYSE opened, so I suspect this is a bit above the average rate. Also, these are bids and offers, not actual trades.