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Every HFT system is managed by a people | 211 comments | Create New Account
Comments belong to whoever posts them. Please notify us of inappropriate comments.
HFT is not safe...
Authored by: Anonymous on Sunday, September 23 2012 @ 05:39 PM EDT
AND cannot be controlled AND is fundamentally unfair to those who are forced to
occasionally trade due to 401k, etc. It's a market manipulation tool for those
who have access to location and resources. Must be stopped.

[ Reply to This | Parent | # ]

High Frequency Trading fundementally Unstable ..
Authored by: timkb4cq on Sunday, September 23 2012 @ 07:53 PM EDT
It occurred to me the first time HFT came to my attention that the way to neuter
the problem would be to have a higher Very Short Term Capital Gains tax rate in
addition to the Short & Long term rates. For example 15% if held more than
a year, 20% if held less than that and 35% if held less than 24 hours.
It wouldn't stop HFT altogether but it would greatly reduce the amount of it.

[ Reply to This | Parent | # ]

HFT is not the problem
Authored by: marcosdumay on Sunday, September 23 2012 @ 08:52 PM EDT
Letting computers cancel orders is the problem, not HFT. Void that hability and
the important problems will all go away.

(Of course, instability won't. But we only have that amount of instability now
because exchanges will cancel the orders of the big players when they lose big.
Again it is not HFT; make everybody play by the same rules, and the problems go
away.)

[ Reply to This | Parent | # ]

Control theory works in all sorts of fields
Authored by: artp on Sunday, September 23 2012 @ 11:38 PM EDT
And control theory says that this type of system will ALWAYS
be unstable. It's just a matter of when. Positive feedback
is just not very nice.

BTW, after I got out of a real controls company, and started
working with some HVAC stuff, I can tell you that there is a
reason why your office is never the right temperature. It is
designed to not work properly. It will always be unstable,
and will usually not be on setpoint. The fancier the type of
HVAC system, the worse it works, or the higher the cost of
the energy needed to run it.

---
Userfriendly on WGA server outage:
When you're chained to an oar you don't think you should go down when the galley
sinks ?

[ Reply to This | Parent | # ]

Every HFT system is managed by a people
Authored by: Anonymous on Monday, September 24 2012 @ 06:47 AM EDT


It's the people that are the problem not HFT per se.


Is like guns and bullets, it still takes a people to pull the trigger.


Blame the peoples.

[ Reply to This | Parent | # ]

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