⚡ High-Frequency Trading (HFT)

⚡ High-Frequency Trading (HFT)

📚 US Capital Private Bank Knowledge Base


📖 Definition

High-Frequency Trading (HFT) is a type of algorithmic trading characterized by the rapid execution of a large number of orders at extremely high speeds, often measured in microseconds. HFT uses complex algorithms and powerful computers to capitalize on small price discrepancies in financial markets.


⚙️ How It Works

HFT firms deploy co-located servers near exchange data centers to minimize latency. Algorithms analyze market data and execute trades within milliseconds, often holding positions for only seconds or fractions of a second.


📝 Key Features

  • ⚡ Ultra-low latency execution.

  • 📈 High order volumes with small profit margins per trade.

  • 🤖 Fully automated decision-making.

  • 🔄 Strategies include market making, arbitrage, and momentum trading.


Benefits

  • Adds liquidity to markets.

  • Narrows bid-ask spreads.

  • Exploits inefficiencies faster than human traders.


⚠️ Risks & Considerations

  • Potential to increase market volatility.

  • Risk of “flash crashes” due to rapid automated trading.

  • Regulatory scrutiny and compliance challenges.


🔎 Related Terms

  • 🤖 Algorithmic Trading

  • 📊 Market Microstructure

  • ⚠️ Flash Crash


📚 References

  • 📄 U.S. Securities and Exchange Commission (SEC) – High-Frequency Trading

  • 🌐 Investopedia – High-Frequency Trading Overview


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