Thursday, 20 October 2011
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Your-story.org, 20 Oct 2011
High-frequency traders typically operate by pushing out a large number of tiny orders at extremely high speed to profit from price inefficiencies, with research showing that a high-frequency trader would not hold a position open for more than a few seconds. In a report for The Business Times, Jamie Lee says the pressure is on for Asian exchanges, including Singapore Exchange (SGX), to lower trading fees that currently would cost high- frequency traders more than a pretty penny. Full story
High Frequency Traders in Asia Seek Refuge From High Trading Fees
High-frequency traders typically operate by pushing out a large number of tiny orders at extremely high speed to profit from price inefficiencies, with research showing that a high-frequency trader would not hold a position open for more than a few seconds. In a report for The Business Times, Jamie Lee says the pressure is on for Asian exchanges, including Singapore Exchange (SGX), to lower trading fees that currently would cost high- frequency traders more than a pretty penny. Full story
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