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Trading Tech Talk


Trading Tech Talk is the program where we break down all the amazing technology that takes your trades from the click of a mouse to the clearinghouse and back again. Each episode we’ll break down the latest developments in the world of trading tech, bring you exclusive conversations with industry thought leaders, and answer your pressing technology questions. 

Feb 26, 2016

Trading Tech Talk 47: Blowing the Whistle on HFT

CTO Interview: Today we are joined by Haim Bodek, Managing Principal of Decimus Capital Markets, LLC. Haim founded Trading Machines and is featured in the book Dark Pools.
Featured article:

  • Vice - What led whistle-blower Haim Bodek to expose the biggest scam on Wall Street?
  • He has said Flash Boys misses the mark, what did he mean by that?
  • What are his thoughts on IEX? What changes do we need to do to make REG NMS more effective?

Hot Topics: What is buzzing

  • Tired of boogeymen portrayals, speed traders take to NYSE floor - Automated traders have an image problem. What better way to address it than to set up shop in one of the most iconic spots in global finance: the floor of the New York Stock Exchange. Citadel Securities and Global Trading Systems LLC recently agreed to buy NYSE floor-trading businesses.
    How prevalent and profitable are latency arbitrage opportunities on U.S. stock exchanges? This paper provides evidence that high-frequency traders have numerous opportunities to realize profits from latency arbitrage.
  • CFTC signals retreat over "source code" repository The US futures regulator has signaled a willingness to back down on controversial proposals allowing it to freely access the source code of high-speed traders, following complaints that it could lead to sensitive intellectual property being revealed.