When Intercontinentalexchange Group Inc (NYSE:ICE) took over the New York Stock Exchange, sources say the real prize was in the derivatives component in the business without as much attention being paid to the stock component. Regulators were getting loose on allowing dark pools to enter the market, lightly regulated entities that don’t publishing their trading rules and have often times confusing, some have said “manipulated,” markets. The technology driving the stock market was ultimately lost to the dark pool HFT contagion, but keeping up with this technical arms race has been trying for many exchanges and speedy traders alike. The…
Is NYSE Data Feed Outage Related to HFT?
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.