6 ms·
Wait, isn't that the entire point of high-frequency trading and their low-latency access to markets?
by narkee 10y ago
Wait, isn't that the entire point of high-frequency trading and their low-latency access to markets?
- lmm 10y agoSure - market-makers need to react quickly. But that's only during the hours when the market is open. If there's no market, no-one needs to be quick about it.
- harmegido 10y ago1) HFT is more than just US equities. Many exchanges are open 23 hours a day. 2) Many HFT firms do not specialize in 'news-reading'. That is, they will sit out periods when an expected announcement is coming. You can observe this by looking at the liquidity of a product just prior to an expected relevant news release - there will be very few orders. 3) There are more events than just news events that require speed.