The “Race to Zero” , the Algorithms which are so prevalent in the industry today have destroyed all SHORT TERM opportunities in ALL publicly traded assets to make money.
What is High Frequency Trading?
An instituitional clients calls up the Investment bank sales account manager to buy $10million of DBS. the Account manger sends the order to the trader and in turn he keys the order into a Order Management systerm, a super-computer then executes on behalf of the client buying $10mil of DBS at $20 a share breaks the activity down into bite-sized chunks without moving the market to get a better overall average price. This instituitional buying activity is picked up by an Algorithm Trader’s artificial intelligent scanner built to do what it does best, spoting instituitional buying.
These are machines build to predict what that the bank’s machines are doing and they buy the DBS shares before the …