The world’s foremost experts in trading and market microstructure and their youthful research team have turned Capital Fund Management (CFM) into a hedge fund...
Powered by new computer chips, high-frequency trading (HFT) has reached nanosecond timescales. Fierce competition has prompted a new wave of speculative orders, prompting allegations...
The use of alternative trading systems (ATSs) has increased drastically over recent years, now accounting for more than half of US equity trading volume....
While it’s not a new concept, outsourcing has been growing in popularity over recent years. The ability to delegate aspects of the investment process...
Global Trading examines four of the most influential trading and market microstructure papers published online in the past two months.
Does the square-root price impact...