Randomisation allows smaller players to compete*†
ParFX, ICAP-owned EBS and, most recently, Thomson Reuters have all trialled and implemented latency floors with various lengths and ways to combat the technology arms race, which started with the advent of HFT firms.
Righting the FX Market From Within*†
Video interview with Alexander Tabb, Partner and COO at Tabb Group, on the impact of high frequency trading in the global foreign exchange market, and the industry’s desire to reform and combat disruptive trading behavior through ParFX.
HFT and FX: A Volatile Mix*
Article outlines the features and matching methodology of ParFX, and how it offers a fair trading environment that aims to combat disruptive trading behavior in the foreign exchange market.
Global business news *
Live radio interview from New York with BBC Business Matters discussing the issue of high frequency trading and how ParFX, with the backing of the industry, seeks to install a level playing field for all market participants and nullify disruptive trading behaviour.
Toby Green: A fairer spin for the forex dealing coin*
Column piece from City News Editor Toby Green on high frequency trading in FX, and how London-based ParFX (referred to as London’s version of IEX) is offering a solution that levels the playing field in the $5.3 trillion a day market.
HFT Is Damaging the Reputation of the Markets*†
High-speed traders find bumps in road as they drive into FX*†
In the recent ruckus kicked up by the Michael Lewis book Flash Boys, high-frequency trading firms found themselves accused of rigging equity markets by front-running investor orders.
High-Frequency Fight Starts in Foreign Exchange*
Foreign-exchange dealers say they have the solution to the high-frequency trades eroding banks’ profits across financial markets.
Flash Boys reaction: what the market thinks*†
The release of Michael Lewis’ new book accusing high-frequency traders of rigging the markets has ignited further debate in an already contentious subject
High Frequency Trading: Trouble Ahead?*
Is high frequency trading - super fast trading via computers - making financial markets impenetrable to ordinary investors?