OUR RESIDENT EXPERT WARNS AGAINST ‘ULTRA-FAST’ HFTS

by sofia | Posted on
Our resident expert on high-frequency trading, Fil Mackay, has warned that the removal of risk checks by ultra-fast traders to increase the speed of their algorithms puts the Australian stock market at risk of a flash crash event, The Australian Financial Review reports.
Fil regularly blogs about high speed electronic markets, low latency technology, high speed trading and unintended consequences at http://www.filmackay.com/.
Source: Australian Financial Review
News Link: Mackay warns ultra-fast traders putting market at risk | Business Spectator
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