The leading knowledge platform for the financial technology industry
The leading knowledge platform for the financial technology industry

A-Team Insight Briefs

FCA Paper Calls Latency Arbitrage ‘Tax’ on Non-HFT Traders

In a further signal that regulators may seek to address what they see as information and process asymmetries within HFT firms’ trading strategies, the UK’s FCA last month published a research paper claiming that latency arbitrage results in a global “tax” on non-HFT investors in equity markets. The paper says HFT firms’ use of faster information access and more efficient processes to complete trades gives them a speed advantage over other players, and suggests that eliminating latency arbitrage would result in a 17% reduction in trading costs.

Related content

WEBINAR

Upcoming Webinar: Integrating Intelligent Machine Readable News

Date: 30 November 2021 Time: 10:00am ET / 3:00pm London / 4:00pm CET Duration: 50 minutes Intelligent machine readable news is a powerful tool in the arsenals of trading and investment firms seeking competitive advantage. It turns unstructured data into actionable insight and can be used, for example, to uncover market trends, identify correlations and...

BLOG

Exberry Partners with Arcadier to Bring Exchange-Grade Technology to New Marketplaces

Exberry, an exchange technology provider, will provide infrastructure to enhance user capabilities and price discovery for Arcadier’s marketplace platform. The technology partnership aims to provide Arcadier’s marketplace operators with a unique trading experience, with all the robust features of an established exchange, offering sellers and buyers enhanced price discovery, creating a new, customer-focused, buying experience....

EVENT

RegTech Summit Virtual

The RegTech Summit Virtual is a global online event that brings together an exceptional guest speaker line up of RegTech practitioners, regulators, start-ups and solution providers to collaborate and discuss innovative and effective approaches for building a better regulatory environment.

GUIDE

Trading Regulations Handbook 2021

In these unprecedented times, a carefully crafted trading infrastructure is crucial for capital markets participants. Yet, the impact of trading regulations on infrastructure can be difficult to manage. The Trading Regulations Handbook 2021 can help. It provides all the essentials you need to know about regulations impacting trading operations, data and technology. A-Team Group’s Trading...