HFT in my backyard – III(sniperinmahwah.wordpress.com)
sniperinmahwah.wordpress.com
HFT in my backyard – III
http://sniperinmahwah.wordpress.com/2014/10/02/hft-in-my-backyard-iii/
8 comments
I heard a while back that to be the biggest winner, you need to be in the nano-second range for your latency (for example, you would need to rent server space at the stock exchange and not be running any firewall/etc to have minimum latency) ... I don't think that he is talking about the large players in his articles because he is still in the millisecond range which is very slow for this purpose. In 2011, microseconds were apparently for big players (http://www.youtube.com/watch?v=kjIdzBtTBnI)
When you are conducting arbitrage between exchanges separated geographically, you are in the millisecond range. That limit is the speed of light and there isn't anything you can do about it except for make the path absolutely as straight as possible.
What you are thinking about is colocating with an exchange to react to events happening specifically on that exchange. In that scenario, nanoseconds do matter quite a bit.
What you are thinking about is colocating with an exchange to react to events happening specifically on that exchange. In that scenario, nanoseconds do matter quite a bit.
Trust me he is talking about the large players - not all of them but a decent chunk of them.
Whoah. Article is worth reading for the Sint Pieters Leeuw tower staircase alone.
Looking forward to the rest!
Looking forward to the rest!
Can somebody tell me if the books are available in English? Everything seems to point they are French only. Also are 5, 6 - 5|6 and 0 - 1 all separate pieces of literature?
Superb series of articles.
That is some quality open-source intelligence gathering. I'm not in that industry but I still find it fascinating to read how he manages to figure out and puzzle together all this data.
I've visited the Sea Forts, well worth it if you get a chance. You used to be allowed to stay on them overnight... Actually if you know (or are) a friendly skipper, you probably could still get away with it.