Nanex ~ High Frequency Quote Spam<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"It’s not high frequency trading (HFT) that concerns us. It’s high frequency quoting, and it should concern everyone…… Quote spam has exploded with no signs of stopping, while trade frequency has stalled and is actually lower than it was years ago. via Nanex ~ High Frequency Quote Spam.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[57],"tags":[1685,2837],"class_list":["post-3522","post","type-post","status-publish","format-standard","hentry","category-stock-markets","tag-high-frequency-trading","tag-quote-spam"],"yoast_head":"\n
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From Eric Hunsader - Nanex http:\/\/youtu.be\/sDriNz8oAlc Entire video shows about 5 seconds of time, slowed so you can see what goes on at the millisecond level. Each box represents one exchange.\u2026","rel":"","context":"In "Trading"","block_context":{"text":"Trading","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/trading\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/img.youtube.com\/vi\/sDriNz8oAlc\/0.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":4551,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/06\/05\/securities-technology-monitor-quote-stuffing-aims-to-slow-rivals\/","url_meta":{"origin":3522,"position":2},"title":"Securities Technology Monitor – Quote Stuffing Aims to Slow Rivals","author":"Colin Twiggs","date":"June 5, 2012","format":false,"excerpt":"Mao Ye, Chen Yao and Jiading Gai of the University of Illinois at Urbana-Champaign found that \"exogeneous technology shocks that increase the speed of trading from microseconds to nanoseconds dramatically increase\" order cancellation rates and found \u201cevidence consistent with quote stuffing.\u201d \u201cAs speed is of value to a trader, it\u2026","rel":"","context":"In "Stock Markets"","block_context":{"text":"Stock Markets","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/stock-markets\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4379,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/05\/16\/attention-frustrated-chartists-it-aint-high-frequency-trading-its-the-macro-seeking-alpha\/","url_meta":{"origin":3522,"position":3},"title":"Attention Frustrated Chartists: It Ain't High-Frequency Trading, It's The Macro – Seeking Alpha","author":"Colin Twiggs","date":"May 16, 2012","format":false,"excerpt":"To me, the Occam's Razor explanation for why charts have gone Daffy Duck is not because of [HFT]robots, but simply because the macro environment has been bizarre \u2026 like \"unprecedented in history\" bizarre. And it's been this way for a while now.via Attention Frustrated Chartists: It Ain't High-Frequency Trading, It's\u2026","rel":"","context":"In "Trading"","block_context":{"text":"Trading","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/trading\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5253,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/14\/french-high-frequency-trading-tax-enters-into-force\/","url_meta":{"origin":3522,"position":4},"title":"French High Frequency Trading Tax Enters Into Force","author":"Colin Twiggs","date":"August 14, 2012","format":false,"excerpt":"By Ulrika Lomas, Tax-News.com, Brussels 14 August 2012 France has enacted a tax on high frequency trading, at a flat rate of 0.01%. This move coincides with a similar draft law under consideration in Germany......Market makers are expressly exempt. via French High Frequency Trading Tax Enters Into Force.","rel":"","context":"In "UK & Europe"","block_context":{"text":"UK & Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7058,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/03\/18\/asic-high-frequency-trading-taskforce-key-findings\/","url_meta":{"origin":3522,"position":5},"title":"ASIC: High-frequency trading taskforce\u2014Key findings","author":"Colin Twiggs","date":"March 18, 2013","format":false,"excerpt":"Findings of the recent ASIC investigation into dark liquidity and high-frequency trading. The high-frequency trading taskforce found that: (a) some of the commonly held negative perceptions about high-frequency trading are not supported by our analysis of Australian markets\u2014for example: (i) that high-frequency traders exhibit unacceptably high order-to-trade ratios. 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