Yes, but it's a mix of math and tech to truly make it work. Also, most of the math behind this stuff isn't too complex. Maybe a bit more difficult...
See pages 6-7 of the prospectus. The ETN indicative value given one days VIX index return of r is the following: N1 = N0 * (1 + A + L * r) * (1 -...
Yes, perhaps less if he can write all his own feed parsing. But I don't see how this is unfair though. The SIP is sufficient for a simple use case...
The are several exchanges for many reasons. One such reason is varying fee structures to incentivize trading on said venues, and to encourage...
Quote stuffing is just flat wrong and is certainly market manipulation. It's important to note that this practice is rarely employed by trading...
Slide not hide orders pose about a 0% chance of hindering your strategy unless you trade HFT. Given your post, you don't. They do in fact make Mr....
If you can explain to me how a typical HFT "front runs" others orders, then I'm glad to listen. However, I doubt your reply will sufficiently...
Depends on your options strategy. What risk are you trying to protect yourself from? If it's delta risk, you can do an approximate hedge in...
Yea, this makes sense to me. I trade index arb so there's a clear idea of what is being hedged (index exposure) and what side of the spread is a...
I don't think I see a distinction between a hedge and a spread. In fact a spread is simply a position in which some exposure is hedged. For...
Most professional traders use servers that are running some Linux-type OS. These are the servers that actually route orders to the exchange. For...
It's amazing how little people know about HFT.
Since FXE is an ETF, it has a NAV (net asset value) and some index risk. The general rule is that the NAV at day t, NAV(t), is related to the...
In fact they would disclose what expectation of returns is for particular market environments. The return characteristics of many neutral quant...
Is this order intended to actually exist on the limit order book? If so, then no. You can't post liquidity at a level without actually intending...
The most consistent profits come from strategies that exploit tangible market mispricing. That is, flat or index arbitrage. Market making has a...
Given the small capital pool, you'd unlikely see sufficient returns to get to the take home you want/need without extremely high sharpe. I know...
This is only true if you're not systematically mispriced relative to the market. If you're not making a market around fair value then you can...
lol there are many things that are well defined in trading. The reason it seems so ambiguous is likely the plenitude of poorly formulated "trades"...
Exactly right. Had they accounted for /understood the distribution of said spread in the tails, they'd likely put less position on when the...
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