Alternative equity trading venue operator Keith Ross thinks the aggressive HFT reform policies outlined by Securities and Exchange Commission Chairwoman Mary Jo White yesterday have the potential to change industry business models but it “is not onerous” and the high frequency trading (HFT) firms “will adapt and continue to do well.” This comes as Eric Hunsader, perhaps among the more vocal critics of the SEC and HFT, is positive on White’s speech with a caveat. Former GETCO CEO and alternative trading venue operator says SEC proposed changes would improve market stability In an interview Ross, the former CEO of HFT firm GETCO…
On This Page
- Former GETCO CEO and alternative trading venue operator says SEC proposed changes would improve market stability
- SEC critic is cautiously optimistic
- Eliminate speed advantage, change business model to profitability from bid-ask spread
- Most dangerous HFT issue remains little discussed until yesterday's speech
- HFT proponent says quantify disruptive trading with factual, data driven approach
- Speculation on behind the scenes actions
This content is exclusively for paying members of Hedge Fund Alpha
Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha
Don’t have an account?
Subscribe now and get 7 days free!
