I am reminded once again that if you pay peanuts you get monkeys. And if you pay nothing… then there’s a hidden cost somewhere.

That’s what best describes SGX’s seminar, which I recently attended. It was NOTHING more than a thinly disguised sales pitch for a $500 “essentials” 3-day seminar and a $3000 “professional” 1-week seminar.

Here is the seminar in brief, with my comments bolded.

Man Vs Machine – The Rapid Growth Of High Frequency And Algorithmic Trading And How To Profit From It

Date: Tuesday, 26th Apr 2011
Time: 7.00 – 8.30 pm (registration from 6.30pm)
Venue: SGX Auditorium, Level 2

Seminar Outline

• The Ascent of the High Frequency Trader (talks about how SGX spent $250m to be the world’s fastest trading platform, how HFT takes up 70% of US trading. All info from Wikipedia)
• The Ascent of the Algorithmic Trader (talks ...