{"id":3332,"date":"2011-06-20T13:47:35","date_gmt":"2011-06-20T21:47:35","guid":{"rendered":"http:\/\/www.regnordman.com\/?p=3332"},"modified":"2011-06-20T13:47:35","modified_gmt":"2011-06-20T21:47:35","slug":"the-speed-traders-edgar-perez-a-guest-post-by-nora-mccallum-of-scotia-mcleod","status":"publish","type":"post","link":"https:\/\/www.regnordman.com\/2011\/06\/20\/the-speed-traders-edgar-perez-a-guest-post-by-nora-mccallum-of-scotia-mcleod\/","title":{"rendered":"The Speed Traders. Edgar Perez. A guest post by Nora McCallum of Scotia McLeod"},"content":{"rendered":"
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\"Lincoln<\/a>

Image via Wikipedia<\/p><\/div>\n<\/div>\n

The Speed Traders. Edgar Perez.\u00a0 A guest post from\u00a0 Nora McCallum of Scotia McLeod.\u00a0 2011. ISBN 978-0071768283<\/p>\n

Reg, thanks for passing along “The Speed Traders” by Edgar Perez.\u00a0 I enjoyed reading this book. Most of the research to date demonstrates that HFT’s (and hedge fund<\/a> managers for that matter) can have a period of very high success but ultimately fail. The extinction ratio for this investors class is very high. I think that the book gives a clear and concise overview of the (short) history and current role that High Frequency Trading<\/a> plays in the capital markets. Given that speed is of the essence with this tool, I am not sure how much more time can be shaved off the technology; it will be very interesting to see how these trading techniques continue to develop and influence the global capital markets.<\/p>\n