Showing posts with label Nanex. Show all posts
Showing posts with label Nanex. Show all posts

Jul 23, 2013

The high speed dark side.


The segment of High Frequency Trading is currently designated as the ultimate technology in systems investments, because of the ability to manage orders directly to book on a high speed.


There is much controversy regarding this technology, either for lack of structure and procedures of software development, causing risk of failure, or the misuse of some participants due to the price manipulation caused by these systems.


FCA, British authority, fined by the 1st time a case of market abuse caused by the misuse of high-frequency systems, due to an abusive practice that uses high speed to send and cancel a high volume of orders in the book, pressing prices artificially.