By Matthew Philips
It’s been almost two years since the “Flash Crash” of May 2010, when the Dow Jones plummeted 600 points in five minutes, only to gain most of it back over the next 20. In their after-action report (pdf) a few months later, the SEC and CFTC faulted high-frequency traders for exaggerating the sell-off with their rapid-fire trading techniques.
Since then, regulators have spoken repeatedly about their intent to crack down on speed traders, a breed of computer jockeys who use sophisticated algorithms to trade stocks and other assets in as little as 1-millionth of a second.
242 days ago,(2014/03/03) - McKay Brothers
Aurora-Secaucus latency down to 8.15 ms, Aurora-Carteret down to 8.12 ms; New POPs in Piscataway and Cermak; 1 Mbps service to best all rivals in production; Improved connec...
716 days ago,(2012/11/14) - Fixnetix
Global managed services provider shines the spotlight on risk control. London and New York -14 November 2012 - Fixnetix, managed services provider f...
288 days ago,(2014/01/16) - Wall Street Horizon
Rich historical event datasets deliver unique insights for trading strategy development and model back-testing WOBURN, Mass. Wall Street Horizon, a leading provid...