High frequency heads for Asia’s mainstream
Brokers and exchange officials see market structure and services as relatively more important than latency, suggesting post-trade arrangements are increasingly important to profitability.
Electronic trading is becoming more commoditised in Asia, which shifts focus to which market reforms could create the next opportunity for extension to high-frequency trading (HFT) strategies.
That was the conclusion of a panel of electronic brokers, exchange officials and service providers organised recently in Hong Kong by Citi.
This commoditisation does not mean HFT has reached a level of acceptance or size in Asian markets akin to, say, that in America. Rather, it means it h…
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