Tag Archives: hft trading

How High Frequency Trading Works, Trading Speed, and the Flash Crash

Speed in the world of trading is everything.  In the beginning, floor traders would be huddled together shouting orders inside the major exchanges.  On average, these orders would take about 11 seconds to execute a trade.  Nowadays, 50 to 70% are now executed by an algorithm at a speed rate and scale beyond our comprehension. […]

Two Terrifying Tales of Trading

It’s not October yet, but here are two scary (but true) trading stories for your reading pleasure.  Leave the lights on while reading. There was once a CME floor trader named Dan Sullivan.  Dan made a living by buying and selling derivatives based on LIBOR interest rates.   One day in 2008, Dan received a text […]