Algo Vendor Trend?

[BlueHorseshoe 10]

Is this the start of a new trend amongst vendors for pushing HFT and algorithmic trading?

 

http://www.projectalgo.com/#

 

Let's hope not.

 

Anyone who has any experience with this firm please feel free to share . . .

 

BlueHorseshoe

[Predictor 11]

I have no experience with them. Why do you say "let's hope not"? The reality is that active traders today need better technology to be competitive. I've always felt that anything to level the playing field is a plus. I will say that the market as a whole needs to adopt the fair centralized model that the futures markets already have.

 

BTW, I would also like to learn more about this application. Is it fully automated? It sounds like a cross market spread making application, of some sort. Maybe we can get the vendor here to answer questions.

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Curtis

Home - OrderFlowDashPro

 

Is this the start of a new trend amongst vendors for pushing HFT and algorithmic trading?

 

Algorithmic Trading, Futures Trading, Emini

 

Let's hope not.

 

Anyone who has any experience with this firm please feel free to share . . .

 

BlueHorseshoe

Edited February 14, 2013 by Predictor

[SIUYA 11]

Given the amount of money real HFT spend on speed I think they will be hard pressed to actually compete against the real HFT.....I would imagine trying to send multiple different strategies from many different clients would have to be slower than a single strategy from one firm. L

ooks like another service provider - thats all. Filling a void that some may require but most think they might require but really dont

 

....and still once again, having all the speed in the world wont help if you dont have a profitable system, and most retail traders might be better spending more time thinking and waiting than trying to speed things up.

 

Good luck to them, I doubt that its really HFT, but more a speeded up version of any good algo trading that can already be done