Post Profile






A high-speed trader published a brutal takedown of a new plan to slow down trading— and it's the start of Wall Street's next battle

It looks like there might be another war of words developing on Wall Street. The Chicago Stock Exchange in August outlined plans to adopt what it calls a Liquidity Taking Access Delay, a 350-microsecond delay for those who trade against resting orders on the exchange. The Chicago Stock Exchange said in the filing that the LTAD was designed to neutralize high-speed traders engaged in latency arbitrage.
read more

share

Related Posts


N.Y.S.E. Plans to New Rules for Specialists, Report Says

Business & Finance : DealBook

The New York Stock Exchange plans to modify the role of specialist traders on the exchange floor, giving them fewer privileges, but more freedom in the way they trade, The Wall Street Journal reported. The changes by the NYSE Euron...

High-Frequency Trader John Netto: Now The Trend In High Speed Trading Is To Slow Down The Speed Of Trades

Business & Finance : Business Insider: Clusterstock

HFT trader John Netto says he's seeing the complete opposite of the fear-driven notion that high frequency traders are taking over the market. "Traders are actually taking a step back from micro- and milli-second trading," he told u...

Hillary’s Clinton’s Leaked Speech Excerpts Show She’s Embraced Wall Street’s Dark Side

News : Newsweek: US

In August 2004, then–New York Senator Hillary Clinton rang the opening bell at the New York Mercantile Exchange, the world’s reigning energy market. When she arrived at the trading floor, the traders unabashedly booed her. “It wasn’...

Here's a super-quick guide to what traders are talking about right now (SPY, SPX, DJI, IXIC, AA, ERIC, USD, DXY, USO, WTI, OIL, VDE, THB)

Business & Finance : Business Insider: Money Game

Dave Lutz, head of Exchange Traded Funds at JonesTrading, has your daily guide to what traders are talking about right now. In brief: Stocks are near a three-week low after a shaky start to earnings season from Alcoa, the aluminum g...

America's stock market is slowing down

Technology / Technology Industry News : Silicon Alley Insider

There's a new trend in trading: going slow. The Chicago Stock Exchange this week outlined plans to adopt what it calls a Liquidity Taking Access Delay (LATD), a 350-microsecond delay for those who trade against resting orders on the...

Comments


Copyright © 2016 Regator, LLC