In this Executive Focus post, Emory Zink and Travis Selmier interview John Succo, a specialist on derivatives securities and securities traffic, who converse the technical nature and the policy debates regarding how high frequency trading (HFT) and so called 'dim pools' influence equity trading. Succo, a co founder of one of the planet's largest derivatives-trading hedge funds, deflates the arguments that HFT adds to liquidity, presenting us with the mechanism of HFT truly eliminate liquidity from the industry.
Wondering speed was taken by regulatory authorities in lieu of liquidity, he locates politics and lobbying as critical factors. Dim pools, on the other hand, are trading arrangements that assist both their associate and the overall trade people by dampening stock price swings. This interview deal with countless questions about shadowy pools and HFT.
PUBLICATION DATE: November 15, 2013 PRODUCT #: BH567-PDF-ENG
This is just an excerpt. This case is about FINANCE & ACCOUNTING