Posts Tagged ‘High-frequency trading’

High-frequency trading

May 19th, 2010

We all know how big a share program trade take of the daily volume on NYSE and NASDAQ (Goldman Sachs stands for a huge part in itself). This article points out smaller firms off-Wall street that seems to be doing extremely well. At the same time that I’m fascinated by this topic I can’t help to feel that it really isn’t contributing to a fair and solid market where stocks are rewarded/punished for their real world performance. These guys say that they add liquidity to the market, but really, if you hold your positions for 11 seconds in average I think most would argue that the liquidity is artificial.

So, what I am trying to say is, I’m very jealous…