College Kids Builds Trading Algorithm For HFT

“Is this the top”? Must be close Trading Algorithm version. As the debate over algorithm based trading heats up in advance of a February 4 extradition hearing for accused algorithmic market manipulator Navinder Sarao nears, it’s difficult not to note the irony in published reports that the winner of a recent algorithmic trading competition, like Sarao, was an independent operating out of his home. 21 year-old college student, beating the S&P year to date, is still below the algorithmic benchmark over a similar period Spencer Singleton, a 21 year-old college student, is the latest to win a contest last July run by…